Brexit Negotiations Debate

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Department: Leader of the House

Brexit Negotiations

Lord Naseby Excerpts
Monday 11th December 2017

(6 years, 11 months ago)

Lords Chamber
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Baroness Evans of Bowes Park Portrait Baroness Evans of Bowes Park
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We are discussing with our trade partners how to ensure continuity and provide certainty for businesses by transitionally adopting existing EU trade agreements. This will be a technical exercise rather than a renegotiation of existing terms. The Trade Bill will provide measures to ensure that agreements with third countries can carry over and be fully implemented within UK law.

Lord Naseby Portrait Lord Naseby (Con)
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My noble friend will understand that there is deep concern about the financial settlement, but should the guiding light of Her Majesty’s Government not be value for money? It is not the absolute figure that is important but that any money spent is real value for money for the British people.

Baroness Evans of Bowes Park Portrait Baroness Evans of Bowes Park
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My noble friend is right that the Prime Minister has also been clear that the UK will honour its commitments and obligations. We have agreed a fair settlement of commitments we have made while a member of the EU in the spirit of our future partnership.