European Economic Area: UK Membership — House of Commons, 2017-11-06
Topic: Foreign Trade
Ruth Margaret Cadbury (Labour, Centre-left): I support this motion and congratulate my hon. Friend the Member for Aberavon (Stephen Kinnock) on securing it, along with my hon. Friend the Member for Lewisham East (Heidi Alexander) and the right hon. Member for Broxtowe (Anna Soubry) Membership of the EEA is, in effect, membership of the single market. It means tariff-free and quota-free trade, the absence of non-tariff barriers, and mutual recognition. I agree with Members on both sides of this House who support the motion and who not only support the need for a proper debate and vote but are calling for the UK to remain in the EEA. We should listen both to those with positions of influence and experience in the UK and those from outside the UK as to why we should remain in the EEA In a blog, a Member of this House described very clearly to his constituents the benefits of remaining in the EEA. For effect, I have removed the geographical references. I thought that what he said was excellent: "The EU gives businesses like the Brewery…access to the world’s largest market…It gives young people across our Country the opportunity to move freely throughout the continent. And if you are an entrepreneur…the EU Single Market allows you to trade freely without having to set up offices and legal structures in each country. The EU Single Market is important because it means job opportunities for our children and grandchildren. Of course we would survive outside the EU" and the single market "but the question is would we do as well as we would within it? Would" the large company that bought a local company have gone ahead with the purchase "and secured the…1,300 jobs have been as interested to make this purchase had it not given the firm access to 28 members of the single market? This is not a theoretical issue:" the local company "is much stronger, and jobs in that company much more secure than they were now" that the buyer "has made that commitment. It is vital for the" regional "Economy to have access to the EU markets, which in turn attract foreign investors, create jobs and prosperity in" the region "and drive inward investment Those advocating that we should leave the EU say we will continue to be able to trade with other European countries and more widely across the world. Yes we will, but on what terms and how long will it take to agree them? This instability is a high price to pay and one which even the most ardent Leave campaigners have admitted would continue for years Across" the region "over 360,000 jobs are linked to the EU. Our manufacturing is reliant upon freedom to export to the EU: a staggering 49% of" the region’s "manufactured exports go directly to Europe." Will the hon. Member who penned that excellent description of the impact of leaving the single market continue to advocate remaining in the single market in his new job—as the Government’s Chief Whip My hon. Friend the Member for Streatham (Chuka Umunna) clearly described how membership is about more than just economic benefits; it is also about social justice and protection from the excesses of multinational corporations. Beyond the UK, our neighbours are warning us of the terrible impact that leaving the EEA will have on our country. Ireland’s Agriculture Minister is quoted in today’s Evening Standard as saying: "If the raison d’être for Brexit in the UK was about striding the globe and doing their own trade agreements, a hard Brexit is walking away from a market of 450 million people in Europe. And that is bad for Ireland—it is worse for the United Kingdom." Carolyn Fairbairn, the director general of the CBI, is quoted in the same article as saying: "We’re now in the window of decision making." Business leaders in my constituency and across the UK are very concerned about a hard Brexit. Every business leader I meet locally—those from large to small businesses in all sectors—ask me to do what I can to stop a hard Brexit. That is why the decision needs to be made in this House, after proper debate, and soon. That is absolutely essential if we want to abide by our commitment to parliamentary democracy. For the sake of the thousands of my constituents who work in the aviation sector, the thousands who work in financial services, and the thousands working in many other sectors who will be impacted by a hard Brexit, and for the sake of the hundreds of businesses whose short-term and long-term future is dependent on the UK remaining in the EEA, it is only right that Parliament has time to debate and vote on a substantive motion on the UK’s continued membership of the European economic area.