Trade

EU27 squash UK hopes of bespoke trade deal

European diplomats are maneuvering to squash London’s hopes of a special cherry-picked economic deal with the EU post Brexit.

Even before Brexit negotiations move to phase two on trade and Britain’s future relationship with the bloc, the EU27 are coalescing around an offer to London of a free-trade agreement not much different from the one struck with Canada.

The EU’s Brexit negotiator Michel Barnier has backed such a deal for the U.K. post Brexit, concluding that since Prime Minister Theresa May has rejected continued membership of the EU single market and customs union, a basic Canada-style deal is the only realistic option.

EU ambassadors met Wednesday afternoon to begin hammering out the EU27’s position on future trade talks once phase two of the Brexit negotiations begins. According to two senior diplomats in the room, they agreed with Barnier that a free-trade agreement is the only option compatible with both the EU’s rules and the U.K.’s position.

“Canada could be one possible model,” said a senior diplomat who attended the Coreper meeting in Brussels.

The Brexit talks are currently deadlocked, having made little headway since the European Council summit in October.

An EU official who has been closely involved in the bloc’s internal preparations for trade talks with the U.K. said: “We went through the guidelines and we squared them with British red lines, and if you do that you see that we are in the territory of a free-trade agreement … where Canada is a model, but also Japan, or Korea. We don’t have an FTA that is a template for all.”

“It will be an FTA along the lines of Canada or Korea” he added.

This bolstering of Barnier’s analysis will be bad news for London. The British government says it wants to pursue a “deep and special partnership” with the EU that includes much closer trade ties than a standard free-trade agreement — particularly on the services that make up 79 percent of the U.K. economy. At the same time, it will not accept free movement of people as would be required under a Norway-style arrangement.

British Prime Minister Theresa May said in her Florence speech in September that a Norway-style deal would represent “a loss of democratic control” because the U.K. would have no representation in the EU institutions, while a Canada-style deal would be “a restriction on our market access.”

One crumb of comfort from the meeting for the U.K. is that EU ambassadors are not proposing a rigid template for a deal, implying some flexibility. “[There was] a common understanding that a framework of future EU-UK relations, after, and if, the withdrawal agreement is reached, will most likely be a tailor-made arrangement,” said the senior diplomat. “I don’t expect that EU would offer something specific.”

Another senior diplomat said that during the meeting “member states said they don’t want to just indicate one model, in a rigid way.”

There was no discussion Wednesday of when a future round of Brexit talks might take place.

The Brexit talks are currently deadlocked, having made little headway since the European Council summit in October at which EU leader decided that sufficient progress had not been made to move to the next phase. May is due to meet European Council President Donald Tusk in Brussels Friday on the sidelines of a summit on the EU’s Eastern border. It is thought that she will test the reception of an enhanced financial offer from the U.K.

At the meeting of ambassadors Wednesday, there was no discussion of when a future round of Brexit talks might take place, people present at the meeting said. EU officials stress that in order to fix a date they want first to be sure that London will be ready to move on the financial settlement, rather than another “stock-taking exercise.”

“The problem is that [British Prime Minister Theresa] May wants to move at the very last moment, as Barnier is urging her to speed up,” another diplomat added.

But she suggested that the two-week deadline set by Barnier at the last round of talks — which ends on Friday — is flexible. “If there’s real progress on the financial offer, the Council is ready to table draft guidelines for the second phase on 6 December,” she said.

Original Article

Related Articles

300 Comments

  1. Hi there, just become alert to your blog through Google, and found that it’s really informative. I’m going to be careful for brussels. I will appreciate when you continue this in future. Many people might be benefited from your writing. Cheers!|

  2. I was suggested this web site by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my trouble. You’re incredible! Thanks!|

  3. Thanks for any other informative web site. The place else could I get that type of information written in such an ideal means? I’ve a undertaking that I’m simply now operating on, and I have been at the look out for such info.|

  4. Excellent goods from you, man. I’ve remember your stuff previous to and you’re just too wonderful. I actually like what you’ve got right here, certainly like what you are saying and the way in which wherein you say it. You make it enjoyable and you still take care of to stay it smart. I can’t wait to read far more from you. That is really a great site.|

  5. I don’t know if it’s just me or if perhaps everybody else encountering issues with your website. It seems like some of the text within your posts are running off the screen. Can somebody else please comment and let me know if this is happening to them too? This might be a problem with my internet browser because I’ve had this happen previously. Appreciate it|

  6. Do you mind if I quote a couple of your articles as long as I provide credit and sources back to your blog? My website is in the very same niche as yours and my users would genuinely benefit from a lot of the information you provide here. Please let me know if this alright with you. Thanks!|

  7. My brother recommended I might like this blog. He was once totally right. This put up truly made my day. You cann’t imagine just how a lot time I had spent for this info! Thanks!|

  8. I must thank you for the efforts you have put in penning this blog. I’m hoping to view the same high-grade blog posts by you later on as well. In fact, your creative writing abilities has inspired me to get my own site now ;)|

  9. I was very pleased to discover this web site. I want to to thank you for your time due to this fantastic read!! I definitely really liked every bit of it and I have you saved to fav to check out new stuff in your web site.|

  10. Hello, i think that i noticed you visited my website so i came to return the favor?.I am trying to find things to enhance my web site!I suppose its good enough to use a few of your concepts!!|

  11. Howdy are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you require any html coding knowledge to make your own blog? Any help would be really appreciated!|

  12. Hi, i think that i saw you visited my weblog so i came to “return the favor”.I am trying to find things to enhance my web site!I suppose its ok to use some of your ideas!!|

  13. It’s actually very difficult in this active life to listen news on TV, therefore I only use world wide web for that purpose, and obtain the most up-to-date information.|

  14. Howdy this is kind of of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding expertise so I wanted to get advice from someone with experience. Any help would be enormously appreciated!|

  15. Wow, marvelous weblog structure! How long have you ever been blogging for? you made running a blog look easy. The total look of your site is wonderful, as smartly as the content material!

  16. I got this site from my pal who informed me regarding this web page and now this time I am browsing this website and reading very informative posts at this place.|

  17. Woah! I’m really enjoying the template/theme of this website. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between usability and visual appeal. I must say you have done a awesome job with this. Also, the blog loads very quick for me on Chrome. Superb Blog!|

  18. Great blog here! Also your website loads up very fast! What web host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol|

  19. I’m really impressed with your writing skills as well as with the layout on your blog. Is this a paid theme or did you modify it yourself? Either way keep up the nice quality writing, it’s rare to see a nice blog like this one these days.|

  20. Howdy! I could have sworn I’ve been to this website before but after browsing through many of the posts I realized it’s new to me. Anyhow, I’m definitely happy I found it and I’ll be bookmarking it and checking back regularly!|

  21. I would like to thank you for the efforts you’ve put in writing this website. I am hoping to view the same high-grade content from you later on as well. In fact, your creative writing abilities has encouraged me to get my own, personal blog now ;)|

  22. May I simply say what a comfort to discover a person that truly knows what they’re discussing on the net. You actually realize how to bring a problem to light and make it important. More people ought to look at this and understand this side of the story. I was surprised you are not more popular because you most certainly possess the gift.|

  23. Thanks for the marvelous posting! I certainly enjoyed reading it, you will be a great author. I will make sure to bookmark your blog and will eventually come back at some point. I want to encourage you to continue your great work, have a nice day!|

  24. Pingback: bahis siteleri
  25. I used to be suggested this website through my cousin. I’m now not certain whether or not this publish is written through him as nobody else recognise such targeted about my difficulty. You’re amazing! Thanks!|

  26. You actually make it appear so easy together with your presentation however I to find this topic to be really one thing that I think I’d by no means understand. It sort of feels too complicated and very extensive for me. I am looking ahead on your subsequent put up, I’ll attempt to get the hold of it!|

  27. Pingback: 3detector
  28. Excellent post. I was checking constantly this blog and I am impressed! Extremely useful information particularly the last part 🙂 I care for such info much. I was looking for this particular info for a very long time. Thank you and good luck.|

  29. I do not even know how I ended up here, but I thought this post was good. I don’t know who you are but definitely you are going to a famous blogger if you are not already 😉 Cheers!|

  30. I blog often and I seriously thank you for your content. This great article has really peaked my interest. I am going to take a note of your website and keep checking for new details about once a week. I opted in for your RSS feed as well.|

  31. I know this if off topic but I’m looking into starting my own blog and was wondering what all is needed to get set up? I’m assuming having a blog like yours would cost a pretty penny? I’m not very web smart so I’m not 100 positive. Any tips or advice would be greatly appreciated. Appreciate it|

  32. What’s Taking place i’m new to this, I stumbled upon this I’ve found It absolutely helpful and it has helped me out loads. I hope to contribute & assist different customers like its helped me. Good job.|

  33. Hmm is anyone else experiencing problems with the images on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any feed-back would be greatly appreciated.|

  34. whoah this weblog is magnificent i like reading your articles. Keep up the great work! You already know, many people are searching around for this info, you could aid them greatly. |

  35. Thank you for some other informative website. Where else could I am getting that type of information written in such an ideal means? I’ve a venture that I am simply now running on, and I have been at the glance out for such info.|

  36. Sweet blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Cheers|

  37. Its like you learn my mind! You seem to grasp so much approximately this, like you wrote the e-book in it or something. I believe that you just could do with a few to pressure the message house a little bit, however other than that, that is fantastic blog. An excellent read. I’ll certainly be back.|

  38. Hi there, You have done a great job. I will definitely digg it and in my opinion suggest to my friends. I am confident they’ll be benefited from this website.|

  39. wonderful submit, very informative. I ponder why the opposite specialists of this sector don’t realize this. You should proceed your writing. I’m confident, you have a great readers’ base already!|

  40. Hello, Neat post. There is a problem along with your web site in internet explorer, might check this? IE nonetheless is the marketplace leader and a big component of other folks will pass over your excellent writing because of this problem.|

Leave a Reply

Your email address will not be published.

Back to top button