"The government is set to begin negotiations to link the UK to the EU's carbon trading regime, around six months after the sides agreed to open talks. Labour says the move would allow companies to avoid a tax on high-emissions products the EU is planning to introduce from next year. The negotiations, set to start next week, will also aim to broker a deal to reduce border checks on food products introduced after Brexit."
"British ministers have previously said they are prepared to pay towards the cost of any EU "agencies, systems and databases" required to implement the deals, whilst ruling out general contributions into the EU budget. The government has also agreed it is prepared to align some UK financial rules with those of the EU to make the deal work. Labour has pitched the new deals as a means to boost economic growth by smoothing trading frictions, as part of its post-Brexit "reset" in EU relations."
The UK will begin negotiations to link to the EU's carbon trading regime and to reduce post-Brexit food border checks. Labour says linking would let companies avoid an EU tax on high-emissions products planned next year. The UK has agreed to pay an "appropriate" financial contribution, a likely sticking point after EU ambassadors met over payment levels. France has reportedly pushed for contributions to regional development funds. Ministers are willing to fund necessary EU agencies, systems and databases but reject general EU budget payments. The government is prepared to align some UK financial rules, drawing domestic criticism.
Read at www.bbc.com
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