EU: UK’s National and Trade Interests

Lord Renton of Mount Harry Excerpts

Wednesday 16th January 2013 Lords Chamber

Asked By

[Lord Renton of Mount Harry]

To ask Her Majesty’s Government what assessment they have made of the impact on the United Kingdom’s national and trade interests of disengagement from the European Union.

[The Senior Minister of State, Department for Communities and Local Government & Foreign and Commonwealth Office (Baroness Warsi)]

My Lords, membership of the European Union is in the UK national interest. We continue to engage actively and constructively with our European partners and play a leading role in a wide range of EU business. The UK benefits from membership of the EU, including from the unrestricted access for UK businesses to a single market of around 500 million customers, which was worth £11 trillion in 2011, and from securing greater market access for the UK at a global level when, for example, it plays a leading role in EU free trade agreement negotiations with third party nations.

[Lord Renton of Mount Harry]

My Lords, I thank my noble friend very much for those very interesting statistics but could I take matters just a little bit further? Does she agree that it is absolutely essential for us as a trading nation to keep our alliances, partnerships and businesses throughout the European Union? Against that background, does it not follow that we should not be seen as a reluctant player in Europe, constantly looking for the way out and not the way forward? Could she make that point sometimes to some of our colleagues?

[Baroness Warsi]

I could not have thought of a better week for such a Question from my noble friend because it gives me an opportunity to say that this coalition Government are committed to playing an active and leading role in the EU, while advancing the UK’s national interests and protecting its sovereignty. Membership of the EU is in the UK’s national interests and it is what this coalition Government believe, but the EU needs to reform to meet the challenges of competitiveness. It needs a stable eurozone and greater democratic legitimacy. It is to that end that the Prime Minister will be making a speech later this week.