(8 years, 7 months ago)
Commons ChamberMy hon. Friend and I, although we have been friends for many years, differ on this matter. Let us be clear: the United States, as we do, shares its sovereignty by its membership of NATO—by being prepared to come to the aid of other NATO members under the obligations in article 5. There are many international ways in which we decide to share our sovereignty for the common good and for the better security of our country.
Does the Secretary of State recognise the enormous value of EU membership to our defence industry? That was recently reflected in an ADS survey, which showed that 70% of companies want Britain to remain in the EU. Does he agree that access to the European funding—particularly in research and development—is critical for British defence companies to maintain a leading edge in the global market?
I do agree with much of that. We heard earlier this afternoon of the success of the Typhoon sales to Kuwait. That European consortium was put together with four different European countries and is now successfully selling aircraft to eight separate nations. There are projects and programmes of such a scale that European collaboration is only beneficial.