British business leaders are optimistic about the UK's new post-Brexit trade deal with the EU, which aims to enhance trade stability, remove certain border checks on British food exports, and facilitate collaboration in various sectors. Despite favorable reactions from organizations like the British Retail Consortium and UKinbound, concerns remain regarding regulatory alignment, particularly for the National Farmers' Union, which calls for maintaining regulatory independence. The hospitality sector endorses a proposed youth experience scheme to allow easier movement of young people across Europe, highlighting the need for flexibility in its implementation.
This is a very welcome step forward, but the devil is in the details.
Full dynamic alignment comes at a significant cost of committing to future EU rules in which the UK will have little say.
Helen Dickinson urged for closer alignment with EU environmental and product safety standards to benefit exporters.
Kate Nicholls called for maximum flexibility in the youth experience scheme, suggesting to mirror agreements with Australia and New Zealand.
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