UK-EU Renegotiation

Part of the debate – in the House of Commons at 12:48 pm on 3rd February 2016.

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Photo of Nick Herbert Nick Herbert Conservative, Arundel and South Downs 12:48 pm, 3rd February 2016

Does my right hon. Friend agree that one of the biggest concerns about the direction of travel in the European Union is that countries within it, the eurozone members, wish to integrate more deeply in order to protect their currency? We have our own currency, but an incredibly important part of my right hon. Friend’s negotiation ambition was that we should be protected from any discriminatory measure that might result from those countries’ ability to integrate more closely. Is that not why this proposed package is indeed significant? Is it not the case that it does protect us, and that not only are there now two different speeds, but we have a different destination from our European partners, which puts us in a relatively advantageous position?