The fundamental nature of the European Union as a union of states and peoples is underlined and maintained. There has been no significant shift in competence, but the division of competence between member states and the Union has been made clearer. The role of national parliaments in the life of the Union has been recognised and they will be given an enhanced role in monitoring respect for the principle of subsidiarity. I was disappointed to some degree in this area in that I also hoped they would play a key role in the election of the President of the European Commission. These are changes that I believe will be welcomed in the House.