16:30 Steve McCabe (in the Chair)

Compare that with where we were: part of the second largest and most-integrated world trading blocs, which also happens to lead the way in global standards and regulations. Maybe the Prime Minister’s idea about mandatory maths for everyone up to the age of 18 holds some credence after all, as the sums certainly do not add up. The Pacific rim trade deal also has wider negative impacts, such as its inclusion of investor-state dispute settlement clauses, which I am totally against, and environmental costs. For example, the UK Government’s own analysis stated that joining CPTPP is estimated to increase the UK’s domestic greenhouse gas emissions. How that complies with the UK Government’s net zero ambitions escapes me; perhaps the Minister can enlighten us on that point, too.

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19:02 Stephen Doughty (Labour)

We want to focus on some of the most important tasks today: making our relationship with the EU work; growing our economy; defending our security; and tackling common challenges, from energy to climate change. We will not seek to rejoin the EU, the single market or the customs union, but it is imperative that we make our future relationship with the EU work, fix the holes in the Government’s deal, deliver stability, trust and mutual benefit in our relationships with partners across Europe—both in and out of the EU—and make use of new forums, such as the European Political Community. Indeed, I had fruitful discussions today with friends from Norway, as I know the Minister did too.

For seven years, we have watched the Government pick fights with our closest European allies, allowing dogma to override pragmatism. All the while, we have seen investment down, growth sluggish, 45% of businesses saying they have difficulties trading with the EU, and, as we have heard, exports down by a third. We have seen an approach that has often left us isolated, less secure and stuck in the binaries of the past at a time when co-operation was needed more than ever: on security when we face war in Europe; on energy when we face an energy price crisis and the challenge of climate change; and on economic co-operation as we face inflation, the cost of living crisis and the challenge of responding to geopolitical competition and threats to the resilience of our supply chains.

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