Brexit Blog - Economic Partnership

You may be aware that over the past couple of weeks, members of the cabinet have been making a series of speeches in what has been termed ‘The Road to Brexit’. Now that David Davis and Liam Fox have delivered their speeches on the Government’s proposals for a future economic partnership with the EU and the rest of the world, I wanted to add something to the Brexit Blog to set out their plans.

 

David Davis spoke in Vienna outlining our future economic partnership with the EU and how it will be underpinned by two principles: fair competition, and Britain’s desire to lead a race to the top in global standards. The Government is delivering on the referendum vote and is focused on getting the best Brexit deal for the whole country. This will mean together we can build a better future for people in Norwich and across the country by getting control of our laws, money and borders.  In turn, that must mean bringing more jobs to Norwich by making it easier to do trade and create businesses. 

 

What the Brexit Secretary said is really important. As the Government wants to make it very clear to people in the UK and across the world that Britain will remain open for business and will be leading the way in global standards.

 

More recently, Liam Fox spoke about the opportunities that await the UK once we have left the EU and are free to negotiate our own trade deals with other countries outside the EU and around the world.

 

This means delivering on what the public asked for during the referendum by committing to leave the Customs Union and Single Market. To stay in the Customs Union would mean the UK would be a rule taker from Brussels and have no say in how our trade deals are negotiated. There will be big discussions about this in Parliament in the months to come, and my position is that we are leaving the EU and are therefore leaving these two institutions; we should focus on how we can gain trade because that means the more jobs to come back to Norwich.