European Union (Amendment) Bill

Yes, my Lords: I meant India, China and Russia. I meant where the money is on the planet today. They have the money, and we have the debt. If we are not free to trade with other nations of this world on level terms, at least, we will live to regret it. As we side more and more with the European Union, we will become, as an American senator friend of mine said to me last week, a little old antique shop in Europe. The Americans’ interests lie in the east; that is the east I referred to. I am surprised that the noble Lord, Lord Wallace, cannot grasp it.