Treasury written question – answered on 29th January 2019.

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Photo of Preet Kaur Gill Preet Kaur Gill Shadow Minister (International Development)

To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 December 2018 to Question 196828 on EURATOM, what assessment he has made of the compatibility of the scenarios in the White Paper entitled Legislating for the Withdrawal Agreement between the United Kingdom and the European Union, published on 24 July 2018, and the EU Withdrawal Agreement.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The White Paper published on the 24th July 2018 entitled Legislating for the Withdrawal Agreement between the United Kingdom and the European Union sets out the Government's plans for legislating for those parts of the Withdrawal Agreement which were agreed at the March European Council 2018: citizens' rights, the implementation period and the negotiated financial settlement. It did not cover other areas of the Withdrawal Agreement where negotiations were ongoing at the point of publication. It also did not cover the future relationship.

Subsequently, we have agreed the terms of our exit from the European Union, as set out in the withdrawal agreement agreed by the EU member states at the special European Council on Sunday 25 November. We also agreed the terms of our future relationship, as outlined in the political declaration. What we have agreed means that we will leave the EU in a smooth and orderly way on 29 March 2019 and sets the framework for a future relationship that delivers in our national interest. It takes back control of our borders, laws and money, it protects jobs, security and the integrity of the United Kingdom, and it delivers in ways that many said could simply not be done. It protects the rights of more than three million EU citizens living in the UK and around one million UK nationals living in the EU. The Withdrawal Agreement offers a time-limited implementation period that provides a bridge to the future relationship, allowing businesses to continue trading as now until the end of 2020. It provides a fair financial settlement for UK taxpayers estimated to be between £35-39bn, resolving our obligations.

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