My Lords, does the Minister recall his recent Written Answer to me saying that if we end up trading on normal WTO terms, EU exporters will pay us some £14 billion per annum in new tariffs while our exporters will pay Brussels some £6 billion in new tariffs, making us an annual profit of £8 billion? Given the mess we are in, why do the Government not offer the EU a completely new deal in the shape of a very short treaty under the WTO? It could continue our free trade together exactly as now, thus getting rid of the Irish border problem and all the paraphernalia of Operation Yellowhammer. Would that not be a generous offer that even Brussels might find hard to refuse?
No-deal Update
Proceeding contribution from
Lord Pearson of Rannoch
(UK Independence Party)
in the House of Lords on Tuesday, 3 September 2019.
It occurred during Ministerial statement on No-deal Update.
Type
Proceeding contribution
Reference
799 c987 
Session
2017-19
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2019-10-11 12:11:26 +0100
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