Eu Draft Agreement With Uk

According to the UN Trade and Development Conference, a trade agreement between the UK and the EU would help limit the decline in UK exports to the EU to 9%, while the expected decline in the event of a non-agreement would be 14%. [14] In light of the latest round of discussions on the future relationship between the UK and the EU, due to conclude on Friday, The Times and Bloomberg report that the UK side has presented a draft agreement based on areas that are based on a common basis with the bloc. Fishing is included in Title V and related appendices. Overall, the text contains a position that would lead to the continuation of fisheries management in the United Kingdom, in accordance with the principles of the Common Fisheries Policy (CFP). Existing quotas would be maintained. Failure to comply with the provisions would allow the other party to impose tariffs. In his statement after the third round, Mr Barnier rejected the British proposal that, like the EU-Canada agreement, there could be tariffs without a level playing field. He also said it would require much longer negotiations on each customs line, which would require an extension of the post-Brexit transition period. He said that negotiations on various topics were linked to an agreement in an area that requires agreement in other areas. He said some of the UK`s requirements go beyond what is found in other EU free trade agreements. Meanwhile, the ninth round of negotiations (started at the end of September) ended on 2 October with no tangible progress. In a public statement, Barnier said there was “continued convergence in trade in goods, services and investment, civil nuclear cooperation and participation in EU programmes”; “new positive developments on issues such as aviation security, social security coordination and respect for fundamental rights and individual freedoms”; “the lack of progress on some important issues, such as data protection, climate change commitments or carbon pricing.” [64] However, there have been “serious persistent divergences on issues of great importance to the European Union,” including “strong long-term guarantees of open and fair competition,” “strong dispute control and settlement mechanisms and effective remedial measures” and “a stable, sustainable and long-term fisheries agreement.” [64] Britain insists that an agreement be reached to respect its regulatory autonomy and its status as an independent coastal state. In late May, The Guardian reported that the European Parliament`s fisheries committee “threatened to veto any agreement that does not include a “balanced agreement” on Fishinq quotas.

[38] The Scottish and Welsh Government, the Scottish National Party and the Liberal Democrats, as well as several other organisations, have called for an extension of the post-Brexit transition period to allow more time to negotiate a deal. The transitional period expires on 31 December 2020, but the Withdrawal Agreement (AV) provides for an extension of the transition period by up to two years, if agreed by the end of June 2020. The government has legislated to refrain from seeking an extension and continues to reaffirm that it will not do so.

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