Brexit: Single Market

Lord Hannay of Chiswick Excerpts
Wednesday 14th September 2016

(8 years, 2 months ago)

Lords Chamber
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Baroness Evans of Bowes Park Portrait The Lord Privy Seal (Baroness Evans of Bowes Park) (Con)
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My Lords, it is the turn of the Cross-Benches.

Lord Hannay of Chiswick Portrait Lord Hannay of Chiswick
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My Lords, will the Minister be prepared to say when the Government will produce an objective, factual assessment pointing out the substantial differences between being in the single market, being outside the single market in free trade but not free trade in services and not having access free of customs controls and regulatory burdens, or the third option—the WTO option—and paying the common external tariff on our exports? Will we get the facts on that some time soon?

Lord Bridges of Headley Portrait Lord Bridges of Headley
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My Lords, all I have to add to the Statement that the Government set out in this House last week is that the next milestone in this process will be the triggering of Article 50, which will make our position clear. Clearly, we are looking at all the options open, which the noble Lord so eloquently outlined.