House of Commons – March 27, 2019 – 393

That this House directs that in case the UK is unable to implement a Withdrawal Agreement with the EU, Her Majesty’s Government shall seek to agree immediately and preferentially with the EU- (a) a trade agreement and/or joint notification of trade preference covering 100 per cent of goods traded between the UK and EU under which no tariffs or quantitative restrictions will be applied between the parties and full cumulation of rules of origin which shall apply for a period of up to two years after the UK leaves the EU notwithstanding that these arrangements may be superseded or extended by further mutual agreement;

(b) a standstill period of mutual recognition of standards and conformity assessment for up to two years in which the UK will ensure compliance in the UK with the EU legislative acquis as adopted in Retained EU law under the EU Withdrawal Act on the day the UK leaves the EU notwithstanding that these arrangements may be superseded or extended by further mutual agreement;

(c) a customs arrangement consisting of advanced trade facilitation measures that enables and makes full and widespread use of simplified and subsidised procedures to perform customs and regulatory declarations and associated control processes away from UK/EU borders;

and(d) make provision for the payment of sums to the European Union in amounts equivalent to the UK’s current net annual financial contribution to the EU for up to two years in respect of the above agreements and arrangements.—(Mr Fysh.)