European Economic Area: UK Membership

Debate between James Cartlidge and Jim Shannon

Monday 6th November 2017 Commons Chamber

[Jim Shannon]

I thank the right hon. Lady—she is also my friend—for her intervention. I think we share the same wish to get a successful deal, although, with great respect, I do not share her fears about it. I am keen to get a deal.

In the short time I have left, I want to share some figures that I have been provided with, which call into question the matter of EEA membership on financial grounds alone. About 43% of UK exports in goods and services went to other EU countries—£240 billion out of £550 billion total exports. That share has generally been declining, since exports to other countries have increased at a faster rate. The EU’s share of the world economy has declined, too. In particular, the developing world has grown faster than the developed world. We have to be mindful of the opportunities in other parts of the world and expect to do better out of them. About 54% of our imports into the UK came from other countries in the EU in 2016. The world will continue to need our goods, and we will continue to need to buy goods from the rest of the world. It seems to me that to remain a member of the EEA would not be in our nation’s best financial interests.

[James Cartlidge]

Will the hon. Gentleman give way?

[Jim Shannon]

I am sorry, but I cannot. I am nearly at the end of my speech and I have given way a few times.

In order to get something out of the EEA, we have had to put a lot more in, and we are finished with being the poor relation in the European family. We are going to be strong and positive, and we are going to do good. Let us make that our mindset. I am thankful to the ministerial team, who are attempting to work with people who do not want to work with us—who would prefer to huff in a corner than to achieve a relationship that benefits all involved. Such attitudes from Europe have brought our people to decide to leave, and every statement that is made after our negotiations with the EU further underlines and reaffirms the people’s decision to leave Europe.

We recently had some issues to do with Bombardier, but Airbus has stepped in and we have extra contracts for the C series plane. I believe that we have many things to look forward to. We need to let the EU know that we have learned a lot from our membership of it. We have learned that we must put our economy first and take care of our own, because no one in the EU appears to be doing that. My opinion is that continued membership of the EEA is not beneficial, and that our withdrawal from Europe encompasses withdrawal from the EEA. That must take place, and I look to Ministers to deliver it.