My Lords, I congratulate my noble friend the Minister on the enthusiastic verve with which he has handled the whole of this legislation. We in the International Agreements Committee have been examining the detail of membership at considerable length for some time. Long before that, and long before Brexit many years ago, we were working to see our greater involvement in this pivot to south-east Asia and Latin America.
As the Minister said, this is a historic moment: we are entering now, with new opportunities, the fastest-growing markets of the next 30 years. Beyond that lie even bigger investment opportunities and markets which will ensure that we can maintain our own living standards in this country. This is a great move in the right direction, which will, if we work at it, bring enormous benefits.