European Union: Trade Debate

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European Union: Trade

Lord Fox Excerpts
Monday 28th November 2016

(7 years, 5 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, as my right honourable friend made clear in another place, there has been no compensation package for Nissan. Nissan will continue to produce its vehicles in the north-east, and we hope that all those firms in Wales and other parts of the United Kingdom will continue to produce whatever they are good at in those countries and will continue to trade freely with the rest of the European Union.

Lord Fox Portrait Lord Fox (LD)
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My Lords, I refer to my interests as set out in the register. The Government are pinning an awful lot of hope on their industrial strategy. I think the Minister said that a Green Paper will be published at the end of the year, but when will we have the full-blown, finished, finalised industrial strategy that will help guide us through the Brexit negotiations and on the investments that the Government seem to be planning?

Lord Henley Portrait Lord Henley
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My Lords, the noble Lord is right to point out that the industrial strategy will be a Green Paper. As it is a Green Paper, it will involve a great deal of consultation and further discussion. In due course, further papers will follow from it. I am not going to give a timescale as to when that might be.