EU cautions the UK, ‘Canada style trade deal is a different ball game’
Last updated on February 22nd, 2023 at 06:16 am
A senior counsel to Brussels’ chief negotiator, Michel Barnier, stated that the coalition’s relationship with the North American nation was a “different ball game.”
As both sides get ready for the beginning of negotiations one month from now, Stefaan De Rynck emphasized the UK’s nearness to Brussels contrasted with Canada as an essential factor, and additionally warning that the trade dialogue could get “very difficult.”
The key aide additionally rehashed what has now become an EU moto that a tariff-free, quota-free deal is beyond imagination without the UK acting on a “level playing field” on state grants, ecological security, and laborers’ rights.
According to The Guardian, the UK and EU have time till the end of this year, when the Brexit transition time ends, to reach a trade accord.
However, both sides are at loggerheads even before the talks have begun about whether the UK should consent to an “even playing field” with EU rules.
It has additionally been proposed that the European Court of Justice could continue having an impact over the UK under the terms of a trade agreement.
Boris Johnson has contended there is no requirement for the UK to accept EU rules as the cost of a free trade deal, as he prepares for a Canada-style agreement.
However, on Wednesday, while speaking at the London School of Economics, De Rynck said the UK wouldn’t have the option to strike a similar deal with the bloc as the EU-Canada deal.
De Rynck’s remarks came in the wake of Downing Street suggested Barnier is presently reneging on a past idea of a Canada-style agreement
The Number 10 press office tweeted: “In 2017 the EU seemed on their slide that a Canada type FTA was the primary accessible relationship for the UK.
Article Credit: The Guardian/The Sky
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