EU Exit: Future Relationship White Paper Debate
Full Debate: Read Full DebateDepartment: Department for Exiting the European Union
Lord Skelmersdale
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EU Exit: Future Relationship White Paper
Lord Skelmersdale Excerpts(5 years, 9 months ago)
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Lord Callanan
We want a deep and ambitious partnership on financial services. I set out earlier exactly how we see it working. We think that is in the interests of both parties, but it is impossible to put a cost on or indeed outline the benefits of anything until we have agreed it.
Lord Skelmersdale (Con)
Would my noble friend be good enough to accept that trade is like Gaul—divided into three parts? You have direct trade between, say, India and the United Kingdom, trade between the EU and the United Kingdom, and re-export. All those will need different solutions, unlike the ideas put forward by the two parties opposite.
Lord Callanan
My noble friend makes a good point, which is why we need to try to reach agreement with the EU using our new customs model, which we believe will be a good solution.