Brexit: Transition Period

Lord Bridges of Headley Excerpts

Wednesday 31st January 2018 Lords Chamber

[Lord Callanan]

The two main differences, and the reason that we need to construct an implementation period are, first, the ability for us to sign and agree trade deals with third countries, and, secondly, to agree and sign a trade deal with the EU, which is legally impossible as long as we are a member.

[Lord Bridges of Headley (Con)]

My Lords, I hate to say it but my noble friend continues to refer to this period as an “implementation period”. For there to be an implementation period there needs to be a treaty to implement. Under my reading of Article 50, it is impossible for us to negotiate a treaty during the process of Article 50. We can conclude that only after March 2019. Does my noble friend agree that that is the case and that we should stop using the phrase “implementation period”? It is a transition during which we will negotiate the final treaty.

[Lord Callanan]

I thank my noble friend for his helpful question. As he well knows, Article 50 makes it clear that the withdrawal agreement needs to take account of the future relationship so that we will know the terms of our new partnership with the EU by the time of our exit. This is the basis on which we have to work.