Tuesday, 16 October, 2018

United Kingdom trade minister slams talk of Brexit punishment by EU

'You WILL regret it': EU chief Juncker says Brexit will be bad for Britain as he causes fury by saying the Irish border is a 'European issue' It's up to London to solve Ireland Brexit conundrum, Juncker says
Glenn Montgomery | 14 March, 2018, 00:39

The EU has already said that it has no choice but to remove these rights post-brexit.

A former prime minister of ex-Soviet Latvia, Dombrovskis did not elaborate.

In the EU's draft withdrawal agreement, published in February, the three options for avoiding a hard border between Northern Ireland and the Irish Republic were: a comprehensive trade deal; a bespoke, most likely technological solution; or "full regulatory alignment" between the two territories. "We have to guarantee the integrity of the single market because citizens and companies have to be able to count on the same kind of rules for citizens and companies and cherry picking is not going to be possible".

SDLP Councillor, Gus Hastings, has said that Theresa May's plan to withdraw from the European Union's (EU) digital single market will see the return of roaming charges and signal dropout along the Irish border.

The EU has consistently said since the June 2016 referendum that it's not looking to punish Britain for its vote and is working to get a deal on the future relationship that works for both sides but which is consistent with its rules.

Despite Theresa May setting out her vision for Brexit in a speech at Mansion House earlier this month, Mr Juncker insisted it was "obvious" that the United Kingdom needed to give "more clarity on its future relationship with the EU".

He has put forward a motion to the European Parliament for an "association agreement" to deal with the future UK-EU relationship.

He also defended an European Union proposal for the bloc to continue to regulate trade in the British province of Northern Ireland after Brexit, should no other ways emerge to avoid a hard border between that territory and the country of Ireland.

The EU's chief Brexit negotiator Michel Barnier defended a proposal for the EU to continue to regulate trade in the North after Brexit, should no other ways emerge to avoid a hard border.

The UK and the European Union are set to negotiate a deal later this month that will largely keep things as they are until 2020, but a number of companies are already concerned about the long-term impact on the industry that employs over 800,000 people and generates turnover of £77.5 billion.

Financial services firms in Britain would suffer the biggest hit because, unlike some automotive and aerospace firms that can switch to domestic suppliers of components, they will have to set up new operations in the European Union to continue serving clients. In the free trade agreement we can offer trade in goods, with the aim of covering all sectors, subject to zero tariffs and no quantitative restrictions.

Jyrki Katainen also gives us the European Commission's take on other pressing issues, including moves to dump non-reusable plastics from our daily lives and clean up our oceans; and the latest steps towards merging at least some aspects of defence and the military in Europe.

Financial services firms would suffer the biggest hit because, unlike some automotive and aerospace firms that can switch to domestic suppliers of components, they will have to set up new operations in the European Union to continue serving clients.

"I fully respect the Chancellor's competence in defining what is in the UK's interest but he must allow us to define what is in the EU's interest", he said.

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