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After the UK leaves the EU on
I thank my hon. Friend for that answer, but clearly the position should be that on day zero we are full members of the EU and by the end of the transition period we have no connection other than the future arrangements that we have. It seems to me that instead of a curve as we reduce the transition period, all we have is a postponing of the cliff edge and a delayed departure. Will my hon. Friend comment?
I take note of my hon. Friend’s comments. The aim of the implementation period is to provide certainty for businesses and individuals with access to each other’s markets on terms similar to those today. There will be a number of changes to reflect the UK’s new status as a third country—those I mentioned before—but crucially we have got new opportunities to start taking steps to enjoy our new freedoms, and that time should be used effectively.