Surely the answer to the question of the noble Lord, Lord Wallace, is that the EU is a single market but it is also a fortress. It is a tariff-protected zone which prevents free trade from outside, to a surprisingly large extent.
My Lords, I have to say I got the impression on reading this report that the committee mostly started with its conclusions. I do not imagine there was a lot of changing of minds, or indeed challenging of minds. I will focus on the assertions in the report that: “It is difficult, if not impossible, to envisage a worse outcome for the United Kingdom”, than no deal, and that,...
It is still at the early stage of negotiation. It is a long process and the agreement with India is nowhere near ready. Do not get me wrong. Of course I think we should strive for a good trade deal with the EU. If we fail, it will not be for lack of trying on our part. But look across the table. Mr Juncker and Mr Barnier refuse even to talk about a trade deal until March, showing no urgency...
Entered the House of Lords on 13 February 2013
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