Informal European Council

Michael Fabricant Excerpts

Monday 6th February 2017 Commons Chamber

[The Prime Minister]

I reassure the hon. Lady that as long we are members of the European Union we will continue to encourage other member states to maintain the sanctions. There are several foreign policy areas, such as on the security of Europe, on which we will want to co-operate in future with our European Union partners. Once we are outside the EU, we will not have a vote around the table on the sanctions regime, but we will continue to make our views clear.

[Michael Fabricant (Lichfield) (Con)]

Contrary to the rather negative comments from the Labour party, was my right hon. Friend yet again heartened by Germany? Over the weekend, German Finance Minister Wolfgang Schäuble said in Der Tagesspiegel that there is no question of the United Kingdom being punished for leaving the European Union and that London remains the heart of the global finance industry. What influence does my right hon. Friend think Germany will have over the negotiations?

[Mr Speaker]

I am greatly impressed by the range of the hon. Gentleman’s reading matter.

[Michael Fabricant]

Vielen Dank!

[The Prime Minister]

I was aware of Wolfgang Schäuble’s comments—although I cannot claim to have read that particular publication—and it was an important point. As we move forward towards the triggering of the negotiations, we are now seeing a genuine willingness on both sides to discuss the future EU-UK relationship—the new partnership that we want—and a recognition of the role that the UK plays in Europe. Of course, Germany will be one of the remaining 27 member states, but I look forward to having further conversations with our German counterparts on the importance that they place on the City of London and the UK’s trading relationship with Europe.