Brexit: Transition Period

Debate between Lord Callanan and Lord Mountevans

Monday 16th April 2018 Lords Chamber

[Lord Mountevans (CB)]

Would the Minister see merit in the implementation period having two elements—first, a bridging period to cover the time between exit and when the agreement is ratified and becomes unconditional, and, secondly, an adaptation period, starting on the expiry of the bridging period? This would enable businesses to be clearer and to adapt to whatever is finally agreed.

[Lord Callanan]

We set out in the agreement that we reached with the EU how we see the implementation period working, which is pretty much to maintain the existing arrangements in place to provide certainty for businesses.