EU Withdrawal Agreement: Legislation Debate
Full Debate: Read Full DebateStephen Timms
Main Page: Stephen Timms (Labour - East Ham)Department Debates - View all Stephen Timms's debates with the Department for Exiting the European Union
(6 years, 4 months ago)
Commons ChamberMy hon. Friend is absolutely right. In 2020 we will be negotiating fishing opportunities as an independent coastal state, deciding who can access our waters and, more importantly, on what terms.
I am pleased that the new Secretary of State is planning to meet Michel Barnier much more frequently than his predecessor did, and I welcome this new sense of urgency. On the conditionality of the financial settlement, when the withdrawal agreement is ratified in October, or whenever it is, the UK’s payment will be obligatory. Will he confirm that the future relationship, at that stage, will be covered only by a declaration, which will not be obligatory on either party?
We set out a lot of the detail on how we will handle the financial payment in the White Paper, and I urge the right hon. Gentleman to reflect on the detail. We cover the substance, the sequence and the mechanism for paying it and for making sure that, at all moments, this House has proper scrutiny. If he has any particular suggestions in relation to that, I would be interested to hear them.