Oral Answers to Questions Debate
Full Debate: Read Full DebatePat McFadden
Main Page: Pat McFadden (Labour - Wolverhampton South East)Department Debates - View all Pat McFadden's debates with the Department for Exiting the European Union
(7 years, 2 months ago)
Commons ChamberThe purpose of any transitional arrangement is, as the Secretary of State said, to avoid a cliff edge, and to give continuity and certainty to the UK economy. But the Chancellor and the Trade Secretary published an article last month saying that during any such period the UK would not be in the single market or the customs union. What is the purpose of a transitional arrangement that undermines the very stability and continuity it is supposed to achieve?
The right hon. Gentleman makes a good point and I suspect it would have been in his question earlier if he had had the chance to ask it. The simple truth is, as I have said, that we are starting from the aim of maintaining as much continuity as is necessary to anything that might change in the final settlement. So we will do that. Because we are not in the European Union at that point—legally, we will not be—we will not be formally members of the single market and the customs union. We may well seek a customs agreement for that period and a similar arrangement on the single market provisions, but we cannot make that decision ourselves; there is a negotiation to be carried out with the EU.