(7 years, 9 months ago)
Commons ChamberThe Minister raised our hopes for a second, and then I felt myself deflate as he said that if things did not work out, we would
“fall back on other arrangements.”—[Official Report, 25 January 2017; Vol. 620, c. 295.]
Can he be absolutely clear about what he meant by falling back on other arrangements?
It would depend on precisely what was agreed, but if there were no agreement at all, which I think is an extremely unlikely scenario, ultimately we would be falling back on World Trade Organisation arrangements. That is nothing new. It has been made very clear previously, including by my right hon. Friend the Prime Minister.