European Council

Lord Howell of Guildford Excerpts

Monday 24th October 2016 Lords Chamber

[Lord Howell of Guildford (Con)]

My Lords, contrary to the views of the noble Baroness, Lady Smith, that there is nothing new in this Statement and contrary to the views of the noble Lord, Lord Newby, who poured another cold shower on the whole proceeding, does the Minister accept that some of the things she had to repeat today were extremely important and require very close examination as the future opens out increasingly clearly? For a start, does the Statement not dismiss the concept that there is a major distinction between soft and hard Brexit and suggest that in the rapidly changing conditions, both in the European Union and here, both these concepts are becoming more or less meaningless? Did I hear her also say that we are opening discussions with third parties, non-EU countries and OECD countries for free trade agreements? Are those discussions formal or informal? What about the need to ensure that existing FTA discussions between the EU and third countries are not mingled with the discussions that we are opening?

[Baroness Evans of Bowes Park]

I thank the noble Lord for that question. We most certainly want a deal that provides the freest possible trade with European markets and gives British companies the maximum freedom to trade with and operate in the single market. While he is right that we cannot conclude deals with EU members, there is nothing to stop us from having informal discussions and considering future options on free trade agreements. Countries like Canada, India, China, Mexico, Singapore and South Korea have already said they would welcome talks. We do not believe this is in competition with talks that are ongoing in the EU. As the Prime Minister made very clear in her Statement, we will continue to fully support EU trade agreements while we remain a member of the EU.