Brexit: Aerospace Industry

Lord West of Spithead Excerpts

Monday 6th February 2017 Lords Chamber

[Lord Prior of Brampton]

My Lords, the relationship between the MHRA and the EMA, similar to that between the CAA and the EASA, is absolutely critical. The MHRA, from my memory, does 40% of the work of the EMA—so the relationship between those two organisations will indeed be very important.

[Lord West of Spithead (Lab)]

My Lords, as one of the largest contributors to the European Investment Bank, what influence have we had over the money that it has just given to the European Defence Fund, which was set up in November, and the subsequent allocation by the European Defence Agency for defence and aerospace procurement all around Europe?

[Lord Prior of Brampton]

The noble Lord raises such an interesting question that I cannot actually answer him, so I will have to write to him afterwards.