Lord Addington (LD)

My Lords, I have some sympathy for the Minister, with this being her first time going into something like this. This is not an area that I usually cover. Acronym hell may not be here, but you can see it from the edge of this debate. Basically, we are talking about something that makes trade easier and compatible. The instrument talks about making sure that things are safer in the current digital age. That is all to the good, but I have a couple of questions. How are we doing ongoing equivalence and oversight? How are we looking to make sure that we stay in touch with the regimes? How much are foreign regimes being monitored to make sure that this is all ongoing and happening? Also, what about the economic quantification? That is an important way of asking how practical it is, especially for smaller users and consumers in this field. Are we doing anything to make sure that it is practical and will work if you are an SME? That is very important because we may have made a wonderful thing that looks great on paper and in theory—probably on a computer screen, in this case—but how will it work in practice? How are we going to monitor that on the way through? Of course, a degree of congratulation is in order to any Government who make trade easier. How will this measure be used to make trade easier? Can the Minister give an example of how trade will be done more easily? I am struggling for the right word, but how will we make our regime more compatible with other regimes? Our biggest trading partner is still the European Union. How will our regime be more compatible with the EU’s? These are just a few things I hope the Minister will clarify when she responds.