EU Trading Relationship Debate

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Department: Cabinet Office

EU Trading Relationship

Josh Dean Excerpts
Thursday 24th April 2025

(1 day, 14 hours ago)

Westminster Hall
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Andrew Lewin Portrait Andrew Lewin
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I defer to the right hon. Member’s expertise on the fishing sector, but he is absolutely right about the need for an SPS deal. I am proud that that was in the Labour manifesto on which I was elected and that we are actively seeking to pursue it.

According to the important work commissioned by Best for Britain, if we get a deep alignment, the modelled impact is a boost in UK GDP of 1% to 1.5%. If in parallel we pursue deep alignment in the services sector, the combined benefit could be more than 2% of UK GDP. To put that in context, every 1% of UK GDP is worth approximately £26 billion, so the potential prize is a £50 billion boost to the economy.

Finally, on youth mobility, hon. Members may have seen that 70 Labour parliamentarians put their names to a letter yesterday calling for a new, bespoke youth visa scheme for UK and EU citizens under 30. As with all the UK’s existing schemes, we believe that it should be time-limited and subject to a cap on numbers, but a bespoke scheme would extend new cultural, educational and economic opportunities to young people in the UK and the European Union.

Josh Dean Portrait Josh Dean (Hertford and Stortford) (Lab)
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My hon. Friend is making a fantastic speech. I declare an interest as a UK citizen under 30. Does he agree that the upcoming EU-UK summit on 19 May provides an ideal opportunity for the Government to look at proposals such as a youth mobility scheme, which would surely provide a better opportunity for young people in the United Kingdom to explore, learn and find opportunities across borders?

Andrew Lewin Portrait Andrew Lewin
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I agree entirely with my hon. Friend and remain jealous of both his wisdom and his youth.

For a clear majority of people in this country, extending opportunities for young people matters. It is a move that will unlock further opportunities for trade and co-operation and will strengthen our bonds with the European Union in future. It is also vital to underline why it is materially different from freedom of movement. Under a visa scheme, people will have to apply in advance, numbers can and will be monitored, and any deal will follow a similar shape to the ones that this country already has in place with countries such as Australia, Canada and even Uruguay.

After so much damage done by the Conservatives, the Government deserve huge credit for all that they have done to repair relations with the European Union. It is our largest and most important trading relationship and so much is at stake. I hope that we can be as ambitious as possible for the reset. I look forward to hearing from colleagues and from the Minister.