My Lords, I thank the Minister for his clear introduction and welcome these instruments. Although undoubtedly necessary, they are a little late. I note the regret Motion of the noble Lord, Lord Stevenson, and the details that he set it out with, but I want to explore how much scope we have to apply these instruments in the rapidly changing world we operate in. In just a few months, the UK will be leaving the shelter of the transition from the EU to full exit on, as yet, unknown terms. The pandemic and the turbulent vacillation over Huawei have brought into sharp focus the weakness of the UK’s competition rules from a strategic point of view.
The failure of the Government to ensure adequate supplies of PPE and the waste of time and money on a predictably failed tracing app exposes vulnerability in terms of both domestic supply and access to global markets. UK research into vaccines and treatments for Covid-19 appear world-class, but they are not exclusive. Trying to ensure that, when suitable developments are secured, the UK population gets early treatment is, of course, justified, but we need to acknowledge that other countries may have more and better answers, and we should not be so protective of our own that we limit our access.
We should certainly facilitate making vaccines and treatments available to poor and vulnerable people across the world. Although foreign investment has sometimes been responsible for UK inventions turning their profit elsewhere, it has also sometimes facilitated extending our global reach, development and application. So, as we start to negotiate new trade deals, caught between not trashing our EU markets while hoping to gain privileged access to non-EU markets, this could lead to arm twisting that may undermine the stated objective of these other orders. In other words, we may wish to apply them, but we may find that it compromises our ability to negotiate trade agreements with other countries.
Finally, can the Minister give a steer as to whether the legislation that the Government are planning for when we have left the EU will be in place by the end of the year, and whether they will respond to pre-legislative scrutiny, as the regret Motion of the noble Lord, Lord Stevenson, requests?
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