It is, perhaps, less pleasurable than it should be to follow so many of my colleagues, because it means that no one on the Opposition Benches is bothering to speak, which is very disappointing. [Hon. Members: “There are some Scottish National party Members here.”] You guys are very committed: well done.
It is absolutely understandable that there is concern about the approach that the United Kingdom will take to nuclear safeguarding when we leave the European Union and Euratom in 2019. That is why the Bill is so important. It is about ensuring that we maintain our current high standard of safeguarding, and ensuring that the Government are able to develop any future obligations that are placed on the UK by the international community.
The hysteria with which the Bill has been met by Opposition Members is bemusing. They seem adamant and convinced that the Government plan to rip up all their international obligations post-Brexit, although what is on paper in the Bill is the exact opposite: it represents a commitment to continuity, and is vital to our wider negotiating position in Europe. As for the concerns raised about the industry itself, there is absolutely no reason why new and possibly more favourable trade agreements cannot be struck with the countries that supply the UK once we leave the EU. In talks with the Government, many of those nations have been effusive about establishing post-Brexit trade deals. This summer the Prime Minister secured a pledge from Japan, which currently supplies Oldbury nuclear power station, to commit itself to a trade deal when Britain leaves the EU.
Given those positive soundings, I think that the move away from the EU has the potential to spawn more fruitful international relationships for the UK nuclear industry. My hon. Friend the Member for North West Hampshire (Kit Malthouse) made it clear that the EU’s interest in nuclear power is waning. Countries are rowing back on their nuclear commitments, setting time limits on when they want to get out of nuclear power, so perhaps we are better off out of it.
It cannot be denied that the EU’s support for research and development in this field has been instrumental in driving innovation. As Opposition Members have been keen to point out, we have received money and support from the EU, but they often forget that it does not come free of charge, and that we pay for our membership of that club.