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European Union Bill

I do not know in which amendment the common fisheries policy arises, but I have to tell the noble Lord that if he is interested in that policy, he will rapidly find that the only explanation consistent with the facts is that the common fisheries policy suffered from an excess of member state sovereignty and an insufficiency of federalism. At every stage the European Commission, being the regulatory agency, has proposed quotas that, if they had been accepted, would have preserved the stocks. It is the member states pursuing their own individual interests that have always resisted those proposals on the part of the European Commission. As a result, the quotas have never been sufficiently tight and all these waters have been overfished. Under all circumstances, whether we had our own fisheries policy or not, it would be necessary for us to have regulation, quotas and some effective enforcement mechanism. If we disbanded the European Union, the next day we would need to set up a new common fisheries policy by agreement with a set of quotas and a common enforcement policy.