EU Trade Agreements: Replication Debate

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Department: Department for International Trade

EU Trade Agreements: Replication

Jonathan Djanogly Excerpts
Wednesday 13th February 2019

(5 years, 5 months ago)

Commons Chamber
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Liam Fox Portrait Dr Fox
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It is tedious to have to give the same answer, but if the same question keeps getting asked, I will keep doing so. The way that we get continuity at one minute after midnight is to have an agreement with the European Union so that we have continuity of the agreements. A number of the agreements are very close to completion, but there is a level of confidentiality around that. At the same time, the Government clearly want to give business an indication of where we think a trade agreement may not be able to be rolled over on time. I will do that in the coming days, following an assessment of where we are at the present time, and I will make a written ministerial statement to the House as well.

Jonathan Djanogly Portrait Mr Jonathan Djanogly (Huntingdon) (Con)
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Is it not necessary for us to take lessons from the fact that we have failed to land a pre-Brexit trade deal with Japan or with most of the other 70 countries with which the EU enjoys FTAs, such as that actually we would be better off being in a customs union or having some close customs arrangement with the EU, backed up by the firepower of 510 million consumers rather than 65 million?

Liam Fox Portrait Dr Fox
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But we are leaving the EU. Were we to attempt to have a customs union relationship, which is what the Labour party says, we would have no say in that trade policy; we would actually be worse off than we are today in the European Union. The EU has made it very clear—and the European Union treaty makes it very clear—that a third country outside the EU cannot be involved in setting EU trade policy. At best, it is a fantasy, at worst, a dangerous delusion.