A GLOBAL BRITAIN: Speech by Prime Minister Rt Hon Theresa May MP, Lancaster House, 17th January 2017
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A GLOBAL BRITAIN Speech by Prime Minister Rt Hon Theresa May MP,
Lancaster House, 17th January 2017 A little over six months
ago, the British people voted for change. They voted
to shape a brighter future for our country. They voted
to leave the European Union and embrace the world. And
they did so with their eyes open: accepting that the road ahead
will be uncertain at times, but believing that it...Request free trial
A GLOBAL BRITAIN
A little over six months ago, the British people voted for change.
They voted to shape a brighter future for our country.
They voted to leave the European Union and embrace the
world.
And they did so with their eyes open: accepting that the road
ahead will be uncertain at times, but believing that it leads
towards a brighter future for their children - and their
grandchildren too.
And it is the job of this Government to deliver it. That means
more than negotiating our new relationship with the EU. It means
taking the opportunity of this great moment of national change to
step back and ask ourselves what kind of country we want to
be.
My answer is clear. I want this United Kingdom to emerge from
this period of change stronger, fairer, more united and more
outward-looking than ever before. I want us to be a secure,
prosperous, tolerant country - a magnet for international talent
and a home to the pioneers and innovators who will shape the
world ahead. I want us to be a truly Global Britain – the best
friend and neighbour to our European partners, but a country that
reaches beyond the borders of Europe too. A country that goes out
into the world to build relationships with old friends and new
allies alike.
I want Britain to be what we have the potential, talent and
ambition to be. A great, global trading nation that is respected
around the world and strong, confident and united at home.
A Plan for Britain
That is why this Government has a Plan for Britain. One that gets
us the right deal abroad but also ensures we get a better deal
for ordinary working people at home.
It’s why that plan sets out how we will use this moment of change
to build a stronger economy and a fairer society by embracing
genuine economic and social reform.
Why our new Modern Industrial Strategy is being developed, to
ensure every nation and area of the United Kingdom can make the
most of the opportunities ahead. Why we will go further to reform
our schools to ensure every child has the knowledge and the
skills they need to thrive in post-Brexit Britain. Why as we
continue to bring the deficit down, we will take a balanced
approach by investing in our economic infrastructure - because it
can transform the growth potential of our economy, and improve
the quality of people’s lives across the whole
country.
It’s why we will put the preservation of our precious Union at
the heart of everything we do. Because it is only by coming
together as one great union of nations and people that we can
make the most of the opportunities ahead.
The result of the referendum was not a decision to turn inward
and retreat from the world.
Because Britain’s history and culture is profoundly
internationalist.
We are a European country – and proud of our shared European
heritage – but we are also a country that has always looked
beyond Europe to the wider world. That is why we are one of the
most racially diverse countries in Europe, one of the most
multicultural members of the European Union, and why – whether we
are talking about India, Pakistan, Bangladesh, America,
Australia, Canada, New Zealand, countries in Africa or those that
are closer to home in Europe – so many of us have close friends
and relatives from across the world.
Instinctively, we want to travel to, study in, trade with
countries not just in Europe but beyond the borders of our
continent. Even now as we prepare to leave the EU, we are
planning for the next biennial Commonwealth Heads of Government
meeting in 2018 – a reminder of our unique and proud global
relationships.
A message from Britain to the rest of Europe
And it is important to recognise this fact. June the
23rd was not
the moment Britain chose to step back from the world. It was the
moment we chose to build a truly Global Britain.
I know that this – and the other reasons Britain took such a
decision – is not always well understood among our friends and
allies in Europe. And I know many fear that this might herald the
beginning of a greater unravelling of the EU.
But let me be clear: I do not want that to happen. It would not
be in the best interests of Britain. It remains overwhelmingly
and compellingly in Britain’s national interest that the EU
should succeed. And that is why I hope in the months and years
ahead we will all reflect on the lessons of Britain’s decision to
leave.
So let me take this opportunity to set out the reasons for our
decision and to address the people of Europe directly.
It’s not simply because our history and culture is profoundly
internationalist, important though that is. Many in Britain have
always felt that the United Kingdom’s place in the European Union
came at the expense of our global ties, and of a bolder embrace
of free trade with the wider world.
There are other important reasons too.
Our political traditions are different. Unlike other European
countries, we have no written constitution, but the principle of
Parliamentary Sovereignty is the basis of our unwritten
constitutional settlement. We have only a recent history of
devolved governance – though it has rapidly embedded itself - and
we have little history of coalition government. The public expect
to be able to hold their governments to account very directly,
and as a result supranational institutions as strong as those
created by the European Union sit very uneasily in relation to
our political history and way of life.
And, while I know Britain might at times have been seen as an
awkward member state, the European Union has struggled to deal
with the diversity of its member countries and their interests.
It bends towards uniformity, not flexibility. David Cameron’s negotiation was a valiant
final attempt to make it work for Britain - and I want to thank
all those elsewhere in Europe who helped him reach an agreement -
but the blunt truth, as we know, is that there was not enough
flexibility on many important matters for a majority of British
voters.
Now I do not believe that these things apply uniquely to Britain.
Britain is not the only member state where there is a strong
attachment to accountable and democratic government, such a
strong internationalist mindset, or a belief that diversity
within Europe should be celebrated. And so I believe there is a
lesson in Brexit not just for Britain but, if it wants to
succeed, for the EU itself.
Because our continent’s great strength has always been its
diversity. And there are two ways of dealing with different
interests. You can respond by trying to hold things together by
force, tightening a vice-like grip that ends up crushing into
tiny pieces the very things you want to protect. Or you can
respect difference, cherish it even, and reform the EU so that it
deals better with the wonderful diversity of its member
states.
So to our friends across Europe, let me say this.
Our vote to leave the European Union was no rejection of the
values we share. The decision to leave the EU represents no
desire to become more distant to you, our friends and
neighbours. It was no attempt to do harm to the EU itself
or to any of its remaining member states. We do not want to turn
the clock back to the days when Europe was less peaceful, less
secure and less able to trade freely. It was a vote to restore,
as we see it, our parliamentary democracy, national
self-determination, and to become even more global and
internationalist in action and in spirit.
We will continue to be reliable partners, willing allies and
close friends. We want to buy your goods and services, sell
you ours, trade with you as freely as possible, and work with one
another to make sure we are all safer, more secure and more
prosperous through continued friendship.
You will still be welcome in this country as we hope our citizens
will be welcome in yours. At a time when together we face a
serious threat from our enemies, Britain’s unique intelligence
capabilities will continue to help to keep people in Europe safe
from terrorism. And at a time when there is growing concern about
European security, Britain’s servicemen and women, based in
European countries including Estonia, Poland and Romania, will
continue to do their duty.
We are leaving the European Union, but we are not leaving
Europe.
And that is why we seek a new and equal partnership – between an
independent, self-governing, Global Britain and our friends and
allies in the EU.
Not partial membership of the European Union, associate
membership of the European Union, or anything that leaves us
half-in, half-out. We do not seek to adopt a model already
enjoyed by other countries. We do not seek to hold on to bits of
membership as we leave.
No, the United Kingdom is leaving the European Union. And my job
is to get the right deal for Britain as we do.
Objectives and Ambitions
So today I want to outline our objectives for the negotiation
ahead. 12 objectives that amount to one big goal: a new, positive
and constructive partnership between Britain and the European
Union.
And as we negotiate that partnership, we will be driven by some
simple principles: we will provide as much certainty and clarity
as we can at every stage. And we will take this opportunity to
make Britain stronger, to make Britain fairer, and to build a
more Global Britain too.
Certainty and clarity
1. Certainty
The first objective is crucial. We will provide certainty
wherever we can.
We are about to enter a negotiation. That means there will be
give and take. There will have to be compromises. It will require
imagination on both sides. And not everybody will be able to know
everything at every stage.
But I recognise how important it is to provide business, the
public sector, and everybody with as much certainty as possible
as we move through the process.
So where we can offer that certainty, we will do so.
That is why last year we acted quickly to give clarity about farm
payments and university funding.
And it is why, as we repeal the European Communities Act, we will
convert the “acquis” – the body of existing EU law – into British
law.
This will give the country maximum certainty as we leave the EU.
The same rules and laws will apply on the day after Brexit as
they did before. And it will be for the British Parliament to
decide on any changes to that law after full scrutiny and proper
Parliamentary debate.
And when it comes to Parliament, there is one other way in which
I would like to provide certainty. I can confirm today that the
Government will put the final deal that is agreed between the UK
and the EU to a vote in both Houses of Parliament, before it
comes into force.
A Stronger Britain
Our second guiding principle is to build a stronger Britain.
2. Control of our own laws
That means taking control of our own affairs, as those who voted
in their millions to leave the European Union demanded we
must.
So we will take back control of our laws and bring an end to the
jurisdiction of the European Court of Justice in
Britain.
Leaving the European Union will mean that our laws will be made
in Westminster, Edinburgh, Cardiff and Belfast. And those laws
will be interpreted by judges not in Luxembourg but in courts
across this country.
Because we will not have truly left the European Union if we are
not in control of our own laws.
3. Strengthen the Union
A stronger Britain demands that we do something else - strengthen
the precious union between the four nations of the United
Kingdom.
At this momentous time, it is more important than ever that we
face the future together, united by what makes us strong: the
bonds that unite us as a people, and our shared interest in the
UK being an open, successful trading nation in the future.
And I hope that same spirit of unity will apply in Northern
Ireland in particular over the coming months in the Assembly
elections, and the main parties there will work together to
re-establish a partnership government as soon as possible.
Foreign affairs are of course the responsibility of the UK
Government, and in dealing with them we act in the interests of
all parts of the United Kingdom. As Prime Minister, I take that
responsibility seriously.
I have also been determined from the start that the devolved
administrations should be fully engaged in this process.
That is why the Government has set up a Joint Ministerial
Committee on EU Negotiations, so ministers from each of the UK’s
devolved administrations can contribute to the process of
planning for our departure from the European Union.
We have already received a paper from the Scottish Government,
and look forward to receiving a paper from the Welsh Government
shortly. Both papers will be considered as part of this important
process. We won’t agree on everything, but I look forward to
working with the administrations in Scotland, Wales and Northern
Ireland to deliver a Brexit that works for the whole of the
United Kingdom.
Part of that will mean working very carefully to ensure that – as
powers are repatriated from Brussels back to Britain – the right
powers are returned to Westminster, and the right powers are
passed to the devolved administrations of Scotland, Wales and
Northern Ireland.
As we do so, our guiding principle must be to ensure that - as we
leave the European Union - no new barriers to living and doing
business within our own Union are created,
That means maintaining the necessary common standards and
frameworks for our own domestic market, empowering the UK as an
open, trading nation to strike the best trade deals around the
world, and protecting the common resources of our islands.
And as we do this, I should equally be clear that no decisions
currently taken by the devolved administrations will be removed
from them.
4. Maintain the Common Travel Area with Ireland
We cannot forget that, as we leave, the United Kingdom will share
a land border with the EU, and maintaining that Common Travel
Area with the Republic of Ireland will be an important priority
for the UK in the talks ahead.
There has been a Common Travel Area between the UK and the
Republic of Ireland for many years. Indeed, it was formed before
either of our two countries were members of the European Union.
And the family ties and bonds of affection that unite our two
countries mean that there will always be a special relationship
between us.
So we will work to deliver a practical solution that allows the
maintenance of the Common Travel Area with the Republic, while
protecting the integrity of the United Kingdom’s immigration
system.
Nobody wants to return to the borders of the past, so we will
make it a priority to deliver a practical solution as soon as we
can.
A Fairer Britain
The third principle is to build a fairer Britain. That means
ensuring it is fair to everyone who lives and works in this
country.
5. Control of immigration
And that is why we will ensure we can control immigration to
Britain from Europe.
We will continue to attract the brightest and the best to work or
study in Britain – indeed openness to international talent must
remain one of this country’s most distinctive assets – but that
process must be managed properly so that our immigration system
serves the national interest.
So we will get control of the number of people coming to Britain
from the EU.
Because while controlled immigration can bring great benefits –
filling skills shortages, delivering public services, making
British businesses the world-beaters they often are – when the
numbers get too high, public support for the system
falters.
In the last decade or so, we have seen record levels of net
migration in Britain, and that sheer volume has put pressure on
public services, like schools, stretched our infrastructure,
especially housing, and put a downward pressure on wages for
working class people. As Home Secretary for six years, I know
that you cannot control immigration overall when there is free
movement to Britain from Europe.
Britain is an open and tolerant country. We will always want
immigration, especially high-skilled immigration, we will always
want immigration from Europe, and we will always welcome
individual migrants as friends. But the message from the
public before and during the referendum campaign was clear:
Brexit must mean control of the number of people who come to
Britain from Europe. And that is what we will deliver.
6. Rights for EU nationals in Britain, and British nationals
in the EU
Fairness demands that we deal with another issue as soon as
possible too. We want to guarantee the rights of EU citizens who
are already living in Britain, and the rights of British
nationals in other member states, as early as we can.
I have told other EU leaders that we could give people the
certainty they want straight away, and reach such a deal
now.
Many of them favour such an agreement - one or two others do not
- but I want everyone to know that it remains an important
priority for Britain – and for many other member states – to
resolve this challenge as soon as possible. Because it is the
right and fair thing to do.
7. Protect workers’ rights
And a fairer Britain is a country that protects and enhances the
rights people have at work.
That is why, as we translate the body of European law into our
domestic regulations, we will ensure that workers rights are
fully protected and maintained.
Indeed, under my leadership, not only will the Government protect
the rights of workers’ set out in European legislation, we will
build on them. Because under this Conservative Government, we
will make sure legal protection for workers keeps pace with the
changing labour market – and that the voices of workers are heard
by the boards of publicly-listed companies for the first time.
A Truly Global Britain
But the great prize for this country – the opportunity ahead – is
to use this moment to build a truly Global Britain. A country
that reaches out to old friends and new allies alike. A great,
global, trading nation. And one of the firmest advocates for free
trade anywhere in the world.
8. Free trade with European markets
That starts with our close friends and neighbours in Europe. So
as a priority, we will pursue a bold and ambitious Free Trade
Agreement with the European Union.
This agreement should allow for the freest possible trade in
goods and services between Britain and the EU’s member states. It
should give British companies the maximum freedom to trade with
and operate within European markets – and let European businesses
do the same in Britain.
But I want to be clear. What I am proposing cannot
mean membership of the Single
Market.
European leaders have said many times that membership means
accepting the “four freedoms” of goods, capital, services and
people. And being out of the EU but a member of the Single Market
would mean complying with the EU’s rules and regulations that
implement those freedoms, without having a vote on what those
rules and regulations are. It would mean accepting a role for the
European Court of Justice that would see it still having direct
legal authority in our country.
It would to all intents and purposes mean not leaving the EU at
all.
And that is why both sides in the referendum campaign made it
clear that a vote to leave the EU would be a vote to leave the
Single Market.
So we do not seek membership of the Single
Market. Instead we seek the greatest possible access to it
through a new, comprehensive, bold and ambitious Free Trade
Agreement.
That Agreement may take in elements of current Single Market
arrangements in certain areas – on the export of cars and lorries
for example, or the freedom to provide financial services across
national borders – as it makes no sense to start again from
scratch when Britain and the remaining Member States have adhered
to the same rules for so many years.
But I respect the position taken by European leaders who have
been clear about their position, just as I am clear about mine.
So an important part of the new strategic partnership we seek
with the EU will be the pursuit of the greatest possible access
to the Single Market, on a fully reciprocal basis, through a
comprehensive Free Trade Agreement.
And because we will no longer be members of the Single Market, we
will not be required to contribute huge sums to the EU budget.
There may be some specific European programmes in which we might
want to participate. If so, and this will be for us to decide, it
is reasonable that we should make an appropriate contribution.
But the principle is clear: the days of Britain making vast
contributions to the European Union every year will
end.
9. New trade agreements with other countries
But it is not just trade with the EU we should be interested in.
A Global Britain must be free to strike trade agreements with
countries from outside the European Union too.
Because important though our trade with the EU is and will
remain, it is clear that the UK needs to increase significantly
its trade with the fastest growing export markets in the
world.
Since joining the EU, trade as a percentage of GDP has broadly
stagnated in the UK. That is why it is time for Britain to get
out into the world and rediscover its role as a great, global,
trading nation.
This is such a priority for me that when I became Prime Minister
I established, for the first time, a Department for International
Trade, led by Liam Fox.
We want to get out into the wider world, to trade and do business
all around the globe. Countries including China, Brazil, and the
Gulf States have already expressed their interest in striking
trade deals with us. We have started discussions on future trade
ties with countries like Australia, New Zealand and India. And
President Elect Trump has said Britain is not “at the back of the
queue” for a trade deal with the United States, the world’s
biggest economy, but front of the line.
I know my emphasis on striking trade agreements with countries
outside Europe has led to questions about whether Britain seeks
to remain a member of the EU’s Customs Union. And it is true
that full Customs Union membership prevents us
from negotiating our own comprehensive trade deals.
Now, I want Britain to be able to negotiate its own trade
agreements. But I also want tariff-free trade with Europe
and cross-border trade there to be as frictionless as
possible.
That means I do not want Britain to be part of the Common
Commercial Policy and I do not want us to be bound by the Common
External Tariff. These are the elements of the Customs
Union that prevent us from striking our own comprehensive trade
agreements with other countries. But I do want us to have a
customs agreement with the EU.
Whether that means we must reach a completely new customs
agreement, become an associate member of the Customs Union in
some way, or remain a signatory to some elements of it, I hold no
preconceived position. I have an open mind on how we do it. It is
not the means that matter, but the ends.
And those ends are clear: I want to remove as many barriers to
trade as possible. And I want Britain to be free to establish our
own tariff schedules at the World Trade Organisation, meaning we
can reach new trade agreements not just with the European Union
but with old friends and new allies from outside Europe too.
10. The best place for science and innovation
A Global Britain must also be a country that looks to the future.
That means being one of the best places in the world for science
and innovation.
One of our great strengths as a nation is the breadth and depth
of our academic and scientific communities, backed up by some of
the world’s best universities. And we have a proud history of
leading and supporting cutting-edge research and innovation.
So we will also welcome agreement to continue to collaborate with
our European partners on major science, research, and technology
initiatives.
From space exploration to clean energy to medical technologies,
Britain will remain at the forefront of collective endeavours to
better understand, and make better, the world in which we live.
11. Cooperation in the fight against crime and terrorism
And a Global Britain will continue to cooperate with its European
partners in important areas such as crime, terrorism and foreign
affairs.
All of us in Europe face the challenge of cross-border crime, a
deadly terrorist threat, and the dangers presented by hostile
states. All of us share interests and values in common, values we
want to see projected around the world.
With the threats to our common security becoming more serious,
our response cannot be to cooperate with one another less, but to
work together more. I therefore want our future relationship with
the European Union to include practical arrangements on matters
of law enforcement and the sharing of intelligence material with
our EU allies.
I am proud of the role Britain has played and will continue to
play in promoting Europe’s security. Britain has led Europe on
the measures needed to keep our continent secure – whether it is
implementing sanctions against Russia following its action in
Crimea, working for peace and stability in the Balkans, or
securing Europe’s external border. We will continue to work
closely with our European allies in foreign and defence policy
even as we leave the EU itself.
A phased approach
12. A smooth, orderly Brexit
These are our objectives for the negotiation ahead – objectives
that will help to realise our ambition of shaping that stronger,
fairer, Global Britain that we want to see.
They are the basis for a new, strong, constructive partnership
with the European Union – a partnership of friends and allies, of
interests and values. A partnership for a strong EU and a strong
UK.
But there is one further objective we are setting. For as I have
said before – it is in no one’s interests for there to be a
cliff-edge for business or a threat to stability, as we change
from our existing relationship to a new partnership with the
EU.
By this, I do not mean that we will seek some form of unlimited
transitional status, in which we find ourselves stuck forever in
some kind of permanent political purgatory. That would not be
good for Britain, but nor do I believe it would be good for the
EU.
Instead, I want us to have reached an agreement about our future
partnership by the time the two-year Article Fifty process has
concluded. From that point onwards, we believe a phased process
of implementation, in which both Britain and the EU institutions
and member states prepare for the new arrangements that will
exist between us will be in our mutual self-interest. This will
give businesses enough time to plan and prepare for those new
arrangements.
This might be about our immigration controls, customs systems or
the way in which we cooperate on criminal justice matters. Or it
might be about the future legal and regulatory framework for
financial services. For each issue, the time we need to phase-in
the new arrangements may differ. Some might be introduced very
quickly, some might take longer. And the interim arrangements we
rely upon are likely to be a matter of negotiation.
But the purpose is clear: we will seek to avoid a disruptive
cliff-edge, and we will do everything we can to phase in the new
arrangements we require as Britain and the EU move towards our
new partnership.
The Right Deal for Britain
So, these are the objectives we have set. Certainty wherever
possible. Control of our own laws. Strengthening the United
Kingdom. Maintaining the Common Travel Area with Ireland. Control
of immigration. Rights for EU nationals in Britain, and British
nationals in the EU. Enhancing rights for workers. Free trade
with European markets. New trade agreements with other countries.
A leading role in science and innovation. Cooperation on crime,
terrorism and foreign affairs. And a phased approach, delivering
a smooth and orderly Brexit.
This is the framework of a deal that will herald a new
partnership between the UK and the EU.
It is a comprehensive and carefully considered plan that focuses
on the ends, not just the means - with its eyes fixed firmly on
the future, and on the kind of country we will be once we leave.
It reflects the hard work of many in this room today who have
worked tirelessly to bring it together and to prepare this
country for the negotiation ahead.
And it will, I know, be debated and discussed at length. That is
only right. But those who urge us to reveal more – such as the
blow-by-blow details of our negotiating strategy, the areas in
which we might compromise, the places where we think there are
potential trade-offs – will not be acting in the national
interest.
Because this is not a game or a time for opposition for
opposition’s sake. It is a crucial and sensitive negotiation that
will define the interests and the success of our country for many
years to come. And it is vital that we maintain our discipline.
That is why I have said before – and will continue to say – that
every stray word and every hyped up media report is going to make
it harder for us to get the right deal for Britain. Our opposite
numbers in the European Commission know it, which is why they are
keeping their discipline. And the ministers in this Government
know it too, which is why we will also maintain ours.
So however frustrating some people find it, the Government will
not be pressured into saying more than I believe it is in our
national interest to say. Because it is not my job to fill column
inches with daily updates, but to get the right deal for Britain.
And that is what I intend to do.
A new partnership between Britain and Europe
I am confident that a deal - and a new strategic partnership
between the UK and the EU – can be achieved.
This is firstly because, having held conversations with almost
every leader from every single EU member state; having spent time
talking to the senior figures from the European institutions,
including President Tusk, President Juncker, and President
Schulz; and after my Cabinet colleagues David Davis, Philip Hammond and Boris Johnson have done the same with their
interlocutors, I am confident that the vast majority want a
positive relationship between the UK and the EU after Brexit. And
I am confident that the objectives I am setting out today are
consistent with the needs of the EU and its Member States.
That is why our objectives include a proposed Free Trade
Agreement between Britain and the European Union, and explicitly
rule out membership of the EU’s Single
Market. Because when the EU’s leaders say they believe the
four freedoms of the Single Market are indivisible, we respect
that position. When the 27 Member States say they want to
continue their journey inside the European Union, we not only
respect that fact but support it.
Because we do not want to undermine the Single Market, and we do
not want to undermine the European Union. We want the EU to be a
success and we want its remaining member states to prosper. And
of course we want the same for Britain.
And the second reason I believe it is possible to reach a good
deal is that the kind of agreement I have described today is the
economically rational thing that both Britain and the EU should
aim for. Because trade is not a zero sum game: more of it
makes us all more prosperous. Free trade between Britain and the
European Union means more trade, and more trade means more jobs
and more wealth creation. The erection of new barriers to trade,
meanwhile, means the reverse: less trade, fewer jobs, lower
growth.
The third and final reason I believe we can come to the right
agreement is that cooperation between Britain and the EU is
needed not just when it comes to trade but when it comes to our
security too.
Britain and France are Europe’s only two nuclear powers. We are
the only two European countries with permanent seats on the
United Nations Security Council. Britain’s armed forces are a
crucial part of Europe’s collective defence.
And our intelligence capabilities – unique in Europe – have
already saved countless lives in very many terrorist plots that
have been thwarted in countries across our continent. After
Brexit, Britain wants to be a good friend and neighbour in every
way, and that includes defending the safety and security of all
of our citizens.
So I believe the framework I have outlined today is in Britain’s
interests. It is in Europe’s interests. And it is in
the interests of the wider world.
But I must be clear. Britain wants to remain a good friend
and neighbour to Europe. Yet I know there are some voices
calling for a punitive deal that punishes Britain and discourages
other countries from taking the same path.
That would be an act of calamitous self-harm for the countries of
Europe. And it would not be the act of a friend.
Britain would not – indeed we could not – accept such an
approach. And while I am confident that this scenario need never
arise – while I am sure a positive agreement can be reached – I
am equally clear that no deal for Britain is better than a bad
deal for Britain.
Because we would still be able to trade with Europe. We would be
free to strike trade deals across the world. And we would have
the freedom to set the competitive tax rates and embrace the
policies that would attract the world’s best companies and
biggest investors to Britain. And – if we were excluded from
accessing the Single Market – we would be free to change the
basis of Britain’s economic model.
But for the EU, it would mean new barriers to trade with one of
the biggest economies in the world. It would jeopardise
investments in Britain by EU companies worth more than half a
trillion pounds. It would mean a loss of access for European
firms to the financial services of the City of London. It would
risk exports from the EU to Britain worth around £290 billion
every year. And it would disrupt the sophisticated and integrated
supply chains upon which many EU companies rely.
Important sectors of the EU economy would also suffer. We are a
crucial – profitable – export market for Europe’s automotive
industry, as well as sectors including energy, food and drink,
chemicals, pharmaceuticals, and agriculture. These sectors employ
millions of people around Europe. And I do not believe that the
EU’s leaders will seriously tell German exporters, French
farmers, Spanish fishermen, the young unemployed of the Eurozone,
and millions of others, that they want to make them poorer, just
to punish Britain and make a political point.
For all these reasons – and because of our shared values and the
spirit of goodwill that exists on both sides – I am confident
that we will follow a better path. I am confident that a positive
agreement can be reached.
It is right that the Government should prepare for every
eventuality - but to do so in the knowledge that a constructive
and optimistic approach to the negotiations to come is in the
best interests of Europe and the best interests of Britain.
Conclusion
We do not approach these negotiations expecting failure, but
anticipating success.
Because we are a great, global nation with so much to offer
Europe and so much to offer the world.
One of the world’s largest and strongest economies. With the
finest intelligence services, the bravest armed forces, the most
effective hard and soft power, and friendships, partnerships and
alliances in every continent.
And another thing that’s important. The essential ingredient of
our success. The strength and support of 65 million people
willing us to make it happen.
Because after all the division and discord, the country is coming
together.
The referendum was divisive at times. And those divisions have
taken time to heal.
But one of the reasons that Britain’s democracy has been such a
success for so many years is that the strength of our identity as
one nation, the respect we show to one another as fellow
citizens, and the importance we attach to our institutions means
that when a vote has been held we all respect the result. The
victors have the responsibility to act magnanimously. The losers
have the responsibility to respect the legitimacy of the outcome.
And the country comes together.
And that is what we are seeing today. Business isn’t calling to
reverse the result, but planning to make a success of it. The
House of Commons has voted overwhelmingly for us to get on with
it. And the overwhelming majority of people – however they voted
– want us to get on with it too.
So that is what we will do.
Not merely forming a new partnership with Europe, but building a
stronger, fairer, more Global Britain too.
And let that be the legacy of our time. The prize towards which
we work. The destination at which we arrive once the negotiation
is done.
And let us do it not for ourselves, but for those who follow. For
the country’s children and grandchildren too.
So that when future generations look back at this time, they will
judge us not only by the decision that we made, but by what we
made of that decision.
They will see that we shaped them a brighter future.
They will know that we built them a better Britain.
ENDS
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