Tag: Michel Barnier

EU cautions the UK, ‘Canada style trade deal is a different ball game’
Europe

EU cautions the UK, ‘Canada style trade deal is a different ball game’

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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EU’s big vote in Brussels will finally make Brexit ‘done’
Europe

EU’s big vote in Brussels will finally make Brexit ‘done’

On Wednesday, European Parliament would undertake a historic vote, processing final rectification of the terms of the Britain’s exit from the European Union. Wednesday’s session would be a symbolic one where the union would give its final approval to clear path for Brexit.

UK would attend its last session as EU member on Tuesday, marking the end of the UK’s 47 years of EU membership. The outcome of the Wednesday session is clear, after both the parties signed the Withdrawal Agreement last week.

30 January would be more like a ceremonial session to be attended by 751 members of the European Parliament from 28 member states. The United Kingdom would cease to be part of the bloc on Friday at 23:00 GMT. From there on both the sides would enter a transition period which would last for eleven months, ending by December 2020. The transition period would be send to finalise negotiations on future trade relations EU and UK.

UK prime minister, Boris Johnson opts for quiet exit than a pompous display of triumph of his three years of Brexit dream. The next huge challenge which lays ahead of Johnson is striking a trade deal with EU before the end of the transition period, which many believe is nearly impossible given the complexity of the negotiations.

On Monday, Michel Barnier, the EU’s chief negotiator, clarified that the bloc would adopt a tough stand towards UK and ‘will never, never, never” compromise on the integrity of its single market, adding that Britain must bear the consequences of divorcing  the union.

“Leaving the single market, leaving the customs union will have consequences. And what I saw … in the last year, is that many of these consequences have been underestimated in the UK.” Barnier said while Brussels was willing to be flexible and reasonable in trade talks, but Britain’s attitude has made frictionless trade between the two almost impossible.

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