Trade Negotiations Debate
Full Debate: Read Full DebateDepartment: Department for Business and Trade
Baroness Hayter of Kentish Town
Main Page: Baroness Hayter of Kentish Town (Labour - Life peer)Department Debates - View all Baroness Hayter of Kentish Town's debates with the Department for Business and Trade
Trade Negotiations
Baroness Hayter of Kentish Town Excerpts(2 days ago)
Lords ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Baroness Jones of Whitchurch (Lab)
As the noble Lord says, the WTO rules are still a very important part of our international trade system, and we remain a committed member of the WTO and a keen supporter of the multilateral trading system. The WTO has made global trade more predictable and, indeed, it plays a vital role in providing stability and predictability for businesses and consumers around the world. The noble Lord asked about the EU. We are in early discussions with the EU. That is a separate set of discussions. Nothing has been agreed, but we are moving along with those discussions and we look forward to the UK-EU summit on 19 May.
Baroness Hayter of Kentish Town (Lab)
Did my noble friend hear, as I did, the leader of the Opposition today calling this a “tiny tariff deal”? Given that she had had agreements only with Colorado, Oklahoma and states such as that, it would perhaps have been more generous of her to welcome it. Our right honourable friend in the other House said that this was a treaty, and my noble friend seems to be saying that it is not. That is really important, because if it is a treaty, as the noble Lord, Lord Fox, says, that will come under the CRaG process. Can she clarify whether this will be a treaty and therefore have to come before both Houses?
Baroness Jones of Whitchurch (Lab)
My Lords, my understanding is that this is a trade deal but not a treaty in the normal sense. We are not seeking to change the process of the ratification of any treaty once we receive it. MPs will have the chance to scrutinise the treaty when it is agreed, but we are not at that stage yet. When it is agreed, it will be presented to the House and the implementation will still have to come to Parliament. At the moment, this is not a legally binding document, but there will be a vote on the legal framework and the secondary legislation, and it will be processed through parliamentary scrutiny in the normal way.