Trade with the European Union

Lord Bilimoria Excerpts

Monday 21st March 2022 Lords Chamber

[Lord Grimstone of Boscobel (Con)]

My Lords, to mark the two-year anniversary of delivering Brexit, the Government have set out new plans to maximise the benefits of Brexit. I mention my right honourable friend the Minister for Brexit Opportunities; I think the House will recognise that this is a subject extremely close to his heart. A Brexit freedoms Bill will be brought forward to end the special status of retained EU law and ensure that it can be more easily amended or removed. This is very much to be welcomed.

[Lord Bilimoria (CB)]

My Lords, the Department for International Trade did a fantastic job in rolling over the 66 bilateral trade agreements the EU had with other countries. It is now starting to make them bespoke to our country. Does the Minister agree that, with the TCA with the EU, we have the opportunity to build on the agreement we have now? There is a “but”: when does the Minister think we will resolve the issues with the Northern Ireland protocol? The sooner we do, the sooner we can build on the TCA.

[Lord Grimstone of Boscobel (Con)]

My Lords, first, I thank the noble Lord for referring to the hard work being done by officials in the department. As to Northern Ireland, the Government’s absolute priority is to protect stability and the peace process. We believe that there is a deal to be done with the EU that protects the sovereignty of the UK and the integrity of the EU single market. This would deliver the stability that business and communities in Northern Ireland need. I know this is a subject very close to my right honourable friend the Foreign Secretary’s heart.