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European Union Committee draws special attention to UK/Norway and Iceland trade agreeement

The European Union Committee has published its eleventh report on Brexit-related international agreements.

Background

This report considers one international agreement, which the Committee has drawn to the special attention of the House:

Agreement between the United Kingdom of Great Britain and Northern Ireland, Iceland and the Kingdom of Norway on Trade in Goods [CP 89]

The Committee reports this agreement to the special attention of the house on two grounds: that it is politically important and gives rise to issues of public policy that the House may wish to debate prior to ratification; and that it differs significantly from the precursor agreements to which the UK is party as an EU member state.

The agreement in question is only applicable in the event of a ‘no deal’ Brexit. The Committee notes that if it came into effect it would significantly change the terms of UK trade with Norway and Iceland.

A short ‘explainer’ on the Lords EU Committee scrutiny of treaties is available on our website:

Further information

 

Channel website: http://www.parliament.uk/

Original article link: https://www.parliament.uk/business/committees/committees-a-z/lords-select/eu-select-committee-/news-parliament-2017/eleventh-treaty-report-published/

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