Treaty on European Union

Part of Orders of the Day — European Communities (Amendment) Bill – in the House of Commons at 6:45 pm on 4th March 1993.

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Photo of Bill Cash Bill Cash , Stafford 6:45 pm, 4th March 1993

The one thing that would worry me, and does worry me, about signing this treaty is that the political union that is being created is a powerful motive force towards protectionism. If anybody, including the Minister for Industry who is about to pop up, imagines that the idea that we would be able to sustain the harm that would come from the protectionism of a fortress Europe, given the present state of mind in the United States and elsewhere—if those tariff barriers were put up against us and if we were to remember, as we should, that we are running a deficit of £15 billion a year with the European Community—and if, in addition to that loss, we were to find ourselves hemmed in by that Maastricht-type community, with all the protectionism that many of us fear, we would lose all that external and global trading which would decimate the very areas which are most prosperous in our manufacturing and other industries.