European Free Trade Association

Mike Gapes Excerpts
Wednesday 7th February 2018

(6 years, 10 months ago)

Westminster Hall
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None Portrait Several hon. Members rose—
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Mike Gapes Portrait Mike Gapes (in the Chair)
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Before I call Back Benchers, I would like to make clear that I have to call the Front Benchers at 10.30 am. We have very limited time if all three Front Benchers are to get their full time and we are to give Mr Hammond time to make a brief comment at the end. I implore you to be brief, minimise your interventions, and if you have already intervened, please do not intervene again if you can avoid it. Hopefully, I will be able to call all those who are indicating they wish to speak.

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Matthew Pennycook Portrait Matthew Pennycook
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Well, they might be. I think there is a range of opinion out there about it; I have spoken to a number of different people with different views. The hon. Member for Wimbledon said that he had spoken to the ambassador and the professor himself. I note the comments of the Norwegian Prime Minister in August last year, when she said that the UK joining EFTA, even for a temporary period, would be a “challenging and costly” undertaking. Again, those concerns are not insurmountable, but we need to grapple with how realistic this option is and, in particular, with whether EFTA’s institutions—especially its court—could cope with the volume of cases that would land in them if the UK was to join EFTA.

All of that speaks to a wider point, which is that the four EFTA economies are very different from the UK economy. The size of the EFTA countries and the nature of their economies make UK membership of EFTA a challenging prospect.

All of that needs to be debated, and it cannot be debated in an hour and a half in Westminster Hall. The EFTA option should not be taken off the table, but there are real reasons why the Labour party believes that a bespoke deal following a transitional arrangement on basic terms should be what we are aiming for, and therefore EEA/EFTA would not be our first preference. However, as I say, the key point is that that option should not be taken off the table. In the end, it is up to Parliament to decide, which is why it is so important that we have a meaningful vote—

Mike Gapes Portrait Mike Gapes (in the Chair)
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Is the hon. Member bringing his remarks to a conclusion?

Matthew Pennycook Portrait Matthew Pennycook
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I am.

The issue should be for Parliament to decide, and this option should not be taken off the table. The Government need to give serious consideration to it or at least to provide time for debates about the pros and cons to allow us to explore why—if they have—they have ruled it out.