(7 years, 11 months ago)
Lords ChamberThe point is well made by the noble Lord, who has much experience in this particular area. I want to reassure him that this is very much at the top of the agenda. On the one hand, we want to have a soft, not a hard border. At the same time, all parties are well aware of the security issues and of people passing to and fro.
My Lords, the Belfast agreement gives encouragement to the use of European Union resources in Northern Ireland—and across the island of Ireland as a whole. Presently, £3.5 billion is scheduled to be spent between 2014 and 2020 for peace, INTERREG, rural development and agricultural support. What comfort can the Minister give that these resources, planned to be available for the entire period of the 2014-2020 programmes, can be honoured?
The first thing to say to reassure the noble Lord is that the UK will continue to have all the rights, obligations and benefits that membership brings—including receiving European funding—up to the point at which we leave the EU. We recognise that many organisations across the UK which are in receipt of EU funding, or expect to start receiving it, want reassurance about this. The Chancellor of the Exchequer has confirmed that structural investment funds projects, signed before the Autumn Statement, and the Horizon research funding that has been granted, will be guaranteed.