EU: UK’s National and Trade Interests Debate
Full Debate: Read Full DebateLord Tomlinson
Main Page: Lord Tomlinson (Labour - Life peer)Department Debates - View all Lord Tomlinson's debates with the Foreign, Commonwealth & Development Office
(11 years, 10 months ago)
Lords ChamberI 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.
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?
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.