EU Budget: Contributions
The question
To ask the Chancellor of the Exchequer, what estimate she has made of the financial contribution the UK will make to the EU following the UK-EU Summit (a) on the Sanitary and Phytosanitary (SPS) agreement (b) on the Emissions Trading System (ETS), (c) on the Carbon Border Adjustment Mechanism (CBAM), (d) on Erasmus and (e) in total.
Answered by James Murray
Implementation costs will be confirmed in due course when we have negotiated the details of these arrangements. This will include proportionate contributions in specific and limited areas, such as where access to specific IT systems will help to remove trade barriers for UK firms or help us to manage biosecurity risks. The UK will also negotiate fair financial contributions to the Erasmus+ programme which will reflect the benefits of participation. We will not be making general contributions to the EU budget.
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