Oral Answers to Questions Debate
Full Debate: Read Full DebateJeremy Lefroy
Main Page: Jeremy Lefroy (Conservative - Stafford)Department Debates - View all Jeremy Lefroy's debates with the Department for Exiting the European Union
(6 years, 4 months ago)
Commons ChamberAgain, I was very happy to visit my hon. Friend’s constituency as part of my travels as a Minister. Like him, I represent a coastal constituency, where we know that our fishermen work very hard to earn their livings. The Government have been absolutely clear that once we leave the EU and no longer abide by the common fisheries policy, we will be an independent coastal state managing our fisheries and controlling access to our own waters. I hope that that reassures my hon. Friend.
The Government have regular and productive dialogue with the international business community, and the DExEU ministerial team has visited 18 EU member states this year alone, meeting businesses to understand their priorities and explain how our proposals enable businesses to thrive. Tomorrow, the Secretary of State and the ministerial team will be meeting business leaders from a number of countries at Chevening House, which is a dedicated opportunity to hear from them.
One issue that the business community has raised is continuing access to the working and investment capital currently supplied through the European Investment Bank. What arrangements are the Government making to ensure that continued flow of capital to our businesses?
My hon. Friend is right to point out that investment is crucial for the economic future of our nation and of the wealth creators in our country. The UK believes it may be mutually beneficial to maintain some form of ongoing relationship with the European Investment Bank, and we are exploring those options now.
We do understand some of the concerns relating to supply chains. If the hon. Lady looks at the White Paper, and in particular at the facilitated customs arrangement, she will see our approach and the detailed way in which we are going to resolve those concerns, not only to maintain that strong EU trade that I understand her constituents need, but to make sure that we grasp the opportunities of Brexit, particularly in respect of global trade.
I welcome the association agreement with the EU that the White Paper seeks. Will my right hon. Friend therefore also seek a category of associate citizenship for UK citizens with the EU? I think that will be welcomed both by the European Parliament and by many, many millions of people in the United Kingdom who are losing their European citizenship and would like something to replace it.
My hon. Friend raises an interesting point, and I know that it is something that is very dear to the heart of the President of the European Parliament and something that he has discussed. The EU Commission is, of course, running these negotiations with a mandate from the Council and, at this stage, there is no mandate for it to discuss the issue of associate citizenship.