Brexit: Trade

Baroness Ludford Excerpts
Tuesday 1st November 2016

(7 years, 6 months ago)

Lords Chamber
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Baroness Mobarik Portrait Baroness Mobarik
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As far as I am aware there is no forbidden trade with Australia. We want to enhance what we already have, in terms of regulatory reforms and so on.

Baroness Ludford Portrait Baroness Ludford (LD)
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My Lords, it is sometimes suggested that the EU inhibits trade, so why does Germany, a member of the EU, do far more trade with India than we do? The EU is not stopping us. Is it not true that the EU levers open markets with the clout of 27 members, which is a great deal more than the clout of one member?

Baroness Mobarik Portrait Baroness Mobarik
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All I can say is that the UK remains committed to being a world leader in free trade. That is our goal. We want to secure open and productive trading relationships with all our trade partners. It is not a matter of choosing one or the other; we are focusing on everyone.