EU: UK’s National and Trade Interests Debate

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Department: Foreign, Commonwealth & Development Office

EU: UK’s National and Trade Interests

Lord Tomlinson Excerpts
Wednesday 16th January 2013

(11 years, 10 months ago)

Lords Chamber
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Baroness Warsi Portrait Baroness Warsi
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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.

Lord Tomlinson Portrait Lord Tomlinson
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My Lords, we heard clearly from the noble Baroness about the benefits of being in a position to exploit our membership of the single market. Does she agree with me that it would be inappropriate at present to do anything to disturb that, particularly as sterling is currently devaluing against the much criticised euro, which is improving our terms of trade with Europe and giving us greater potential competitive advantage there?

Baroness Warsi Portrait Baroness Warsi
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The Government believe that we can have a better Europe and that Europe can be reformed with a view to increasing those real benefits that come from the European Union.