Speaking in the emergency debate on Brexit, Shailesh Vara rejects the need to be fearful of trading on WTO rules as the EU currently trades on WTO rules with countries such as the US, China, Russia, Argentina, Australia, New Zealand and others.
Mr Vara
Were we to leave the EU on a no-deal basis, in effect that would mean that we would operate on World Trade Organisation rules. Given that the EU currently operates on WTO rules with a number of countries—including the US, China, Russia, Argentina, Australia, New Zealand and many others—does my right hon. Friend agree that we should not be fearful of trading on WTO rules outside the EU? We already trade on WTO rules in the EU.
Mr Rees-Mogg
My hon. Friend makes a brilliant and incisive point and is absolutely right.
We need to examine what is being put forward to the House and to consider the concerning and odd fact that it is actually being permitted in the first place. Let us look at Standing Order No. 24 and the approach we are taking. As you know, Mr Speaker, I take an interest in the rules of the House.