Lord Pearson of Rannoch
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Leaving the European Union
Lord Pearson of Rannoch Excerpts(5 years, 5 months ago)
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Baroness Evans of Bowes Park
No. First, we will be able to develop an independent UK trade policy. The political declaration sets out a plan for a free trade area for goods with the EU, including zero tariffs, with ambitious customs arrangements to enable that. It will be the first such agreement between an advanced economy and the EU.
Lord Pearson of Rannoch (UKIP)
Last Thursday, the Minister told your Lordships that the financial settlement on the deal would cost between £34 billion and £38 billion, but she did not answer my question on when that money will be handed over. In particular, I want to press her on whether it will be handed over only when all the pious hopes in these agreements have been fulfilled. If they are not, surely we will not hand over a penny.