The UK government is contemplating adherence to certain EU standards to achieve frictionless trade with Europe, according to Trade Secretary Jonathan Reynolds. He met with EU Trade Commissioner Maros Sefcovic, who indicated possibilities for dynamic alignment on standards and a pan-European customs plan. While Labour's manifesto aimed to reduce Brexit barriers for agricultural exports, Reynolds stressed that any accord would respect the government's red lines, indicating a keen interest in enhancing trade relations without undermining the original Brexit agreements. Key decisions regarding these negotiations might emerge soon but are still under deliberation.
The UK government has left open the possibility of aligning with EU regulations to facilitate smoother trade, as confirmed by the Trade Secretary Jonathan Reynolds.
Reynolds emphasized a strategy that promotes trade improvements with the EU while fostering closer global trade links without revisiting Brexit disputes.
The EU suggested complete elimination of trade barriers could be achieved if the UK complies with evolving EU standards, known as dynamic alignment.
These discussions are seen as potential steps towards better trading terms without compromising the established limits set by the government on Brexit-related agreements.
Collection
[
|
...
]