Apart the formal launch of Britain’s CPTPP accession process and New Zealand trade minister Damien O’Connor’s visit to London this week the the other big ticket trade issue in the United Kingdom this week is and remains Northern Ireland.
EU agreement implementation
A number of British car exporters are already choosing to pay the EU’s standard 10% tariff on their exports, rather than incur the risk of subsequent penalties if they are found to be in breach of rules of origin requirements.
An overview of notable events in UK trade policy this week. EU officials hint at ‘temporary’ SPS alignment to ease Irish border woes Amid all the strains and complications of Britain’s post-Brexit interactions with the European Union, a possible route map has emerged this week pointing towards a more stable …
The European Parliament is to be “involved as appropriate and necessary” in all discussions on the evolution of relations with the United Kingdom, Commission president Ursula von der Leyen promised today.
The European Parliament is to go ahead with a vote at its plenary session next Tuesday (27 April) to ratify the EU-UK Trade and Cooperation Agreement, thereby bringing the deal formally into effect.
The trade relationship between the European Union and United Kingdom remains on a fragile footing, despite an important step yesterday (15 April) by two key European Parliament committees to endorse last December’s Trade and Cooperation Agreement between the two sides.
The European Union and United Kingdom have agreed a ‘memorandum of understanding’ on financial services – a modest but positive first step towards closer cooperation between the two sides in this sector.
Disagreements over fisheries nearly sunk last year’s trade negotiations between the UK and the EU. A deal was eventually signed, which repatriated some – but not all – of the fish resources in UK waters back to UK control.
Some highlights in UK trade news this week. UK delays border checks on EU imports by a further six months The UK is to delay until next year the application of a whole raft of checks on imports of goods into the country from the EU, to give traders and …
The door remains open to possible extensions of the various ‘grace periods’ facilitating’ post-Brexit movements of goods between Great Britain and Northern Ireland – but only if the UK shows itself to be more serious about fulfilling its own commitments under the Northern Ireland Protocol.