Brexit: Economic Analyses

Lord Lea of Crondall Excerpts

Wednesday 24th January 2018 Lords Chamber

[Lord Callanan]

My Lords, I think the Brexit fanatics are on the Liberal Democrat Benches. We on this side of the House believe in democracy and that the referendum result should be implemented, and we will negotiate a full and comprehensive partnership with our European partners.

[Lord Lea of Crondall (Lab)]

Will the Minister confirm, as will be confirmed by the Norwegian foreign office, that the EU EEA agreement provides not only for membership of the single market but of the EU/EEA agencies, and that it would be very foolish, given the 50% chance that that is where we will wind up, if we continue to wind down our involvement in these agencies, which is certainly not an automatic consequence of the referendum result?

[Lord Callanan]

My Lords, we are not winding down our membership of these agencies. We are members of the European Union until March next year, and we will continue to meet all our obligations and commitments during that period. I was in Brussels all day yesterday, consulting with the European Parliament on these issues. The Norwegian deal is not a superior deal, in my view. We want a proper, bespoke arrangement that will benefit the United Kingdom and respect the Brexit result.