Lords continue to take evidence on the UK's post-Brexit trade relationship with the EU
On Thursday 15 September 2016, two House of Lords committees will hear evidence about the different models for post-Brexit UK trade with the EU. The committees will also hear evidence about the impact on UK supply and global value chains.
The House of Lords EU Internal Market and EU External Affairs Sub-Committees are working together to investigate UK-EU trade following June's referendum.
At 9am the committees will hear evidence from:
- Dr Peter Holmes, Reader in Economics, Sussex University
- Dr Ulf Sverdrup, Director, Norwegian Institute of International Affairs.
At 10.15am the witnesses giving evidence are:
- Professor John Manners-Bell, Chief Executive, Transport Intelligence Ltd
- Dr Christos Tsinopoulos, Senior Lecturer, Durham University.
Questions which the witnesses are likely to face include:
- As a non-EU country, what are the key benefits and drawbacks of being in the Customs Union?
- Do members of the European Free Trade Association (EFTA) want the UK to join EFTA and the European Economic Area (EEA) Agreement after it leaves the EU?
- To what extent does the EEA Agreement provide full access to the Single Market? What would be the main advantages and disadvantages of this for the UK?
- What is the impact of Brexit on the supply chains of UK manufacturers and the UK services industry?
- How would UK businesses replace the supply chains they currently access through EU Free Trade Agreements (FTAs)?
- How much of an impact does economic uncertainty have on supply chains and value chains?
The House of Lords EU Committee and its six Sub-Committees are conducting a coordinated series of short inquiries looking at the key issues that will arise in the forthcoming negotiations on Brexit. Taken as a whole, this programme of work will be the most extensive and thorough parliamentary scrutiny of Brexit.
These evidence sessions will take place at 9am on Thursday 15 September 2016 in Committee Room 4A of the House of Lords.