CPTPP
Debate between Steve Baker and Bill Esterson(3 years, 7 months ago)
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Mr Steve Baker
I completely agree with my right hon. Friend the Minister. Like him, I have hugely enjoyed this debate. He enjoys my unqualified support, so I will turn my remarks to some other aspects of the debate.
I thought that the best part of the contributions from the Front-Bench spokesmen for the SNP and the Labour party was their vivid illustration of the shortcomings of virtual proceedings, because we were not able to intervene on them to explode the fallacies in their speeches. I regret that they are not able to intervene on me now, and I look forward to them supporting the full resumption of proceedings in the main Chamber and in Westminster Hall, so that we can resume our normal to and fro.
I thought the Labour party were progressive, and yet this progressive agreement is one that they do not wish to support. Of course there are problems with labour standards among the Pacific rim countries, and I would very much like to see those problems addressed and standards driven up. Of course we want to get children out of child labour, and that is why I support a progressive agreement that improves labour standards in the region. If we were to listen to the Labour party, they would have us do a deal with no one who had not already met the standards of the western world, the United Kingdom and the European Union. We can see why they want to be in the EU.
The SNP, of course, is speaking entirely from its own hymn sheet. It wishes to leave the UK and rejoin the EU—that is perfectly plain from what it has said. I refer the SNP, in its pinched and miserable assessment of our economic prospects, to an article by the well-known pro-EU commentator Wolfgang Münchau—he often, of course, writes for the Financial Times—in his own Eurointelligence:
“So much for the Brexit scare stories”—
he writes—
“Apart from a short-lived disruption of trade flows Brexit has been a macroeconomic non-event…If you look at the latest IMF data and projections in the graphic above, you don't find a discernible macroeconomic effect of Brexit in the first ten years after the referendum.”
