(6 years, 2 months ago)
Commons ChamberWe cannot rule out leaving with no deal, because we do not have full control of the EU, but I addressed the CBI president’s committee recently, and the hon. Gentleman will know that the CBI is fully supportive and wants to see the Government’s approach as laid out in the White Paper proposals delivered. He should get behind that.
I commend the Secretary of State for his approach to the negotiations, notwithstanding their difficulties. He talked about pragmatism. Businesses in my constituency and across the west midlands are very pragmatic, and the outcome that they want from these negotiations is our being able to do free trade deals around the world, to stimulate exports and improve our prosperity. Can he reassure me that that is still the centrepiece of what we are trying to achieve in these negotiations?
My hon. Friend is absolutely right, and he is also right to talk about the future opportunities for businesses. It is also right to say that an energetic, global free trade policy is good for consumers at home as well, because reducing prices eases the cost of living for low and middle-income families.
(6 years, 5 months ago)
Commons ChamberLots of these issues are complex, and of course we have been guided, or restricted to some degree, by the sequential approach of the EU. But lots of thought and consultation has gone into this, and we do now need to move at pace to get cracking with the other side, in good faith and with goodwill, to get this deal done.
I warmly welcome the Secretary of State to his post. He will be aware that the west midlands economy has had one of the strongest export performances of any region of the UK. Can he give an assurance that this White Paper does not preclude us from doing trade agreements around the world, to help west midlands businesses and create jobs in the west midlands, which is of great importance to my constituents?
I thank my hon. Friend, and I am confident that as we leave the EU with a good deal, businesses in the west midlands will go from strength to strength. We must also acknowledge that if we are signing up to the common rulebook on goods, to the extent that that is needed to reduce friction at the border between the EU and UK, that will, at least to some degree, tie our hands. However, the huge advantage we have if we leave the EU and the customs union is that we can remove and reduce tariffs, and we will have control over the services side of things, so we can have control over regulation. That is a huge advantage. If we take those opportunities, we will, for the west midlands and whole UK, be able to boost trade.