Tusk Free Trade Agreement
Prime Minister Boris Johnson said: “We want a comprehensive free trade agreement, similar to Canada`s” on trade with the EU after Brexit. Johnson is May`s most powerful critic in her ruling party, and he has called on the Prime Minister to abandon his “Chequers plan” in favour of a deal on behalf of Canada that abandons the need for the UK to enforce EU trade rules. The best of what is being proposed is a free trade agreement on duty-free goods and access to European markets for the UK services sector – but under EU rules and without explicitly mentioning financial services. “The fact is that any free trade agreement has different opportunities depending on the interests of the countries involved,” she said. Brexit: Boris Johnson says Britain does not have to comply with EU trade rules. “Given the shape of the British economy and our trade balance with the EU-27, it is hard to imagine what an agreement that does not include services might look like, what a fair and balanced settlement might look like,” he said in a speech. This is the first time in history that a free trade agreement “softens economic ties, not strengthens them.” The result of four years of negotiations, the EPA was concluded at the end of 2017 and is expected to enter into force by the end of the European Commission`s current mandate in autumn 2019. The EU described the agreement as “very ambitious and comprehensive.” The total volume of trade in goods and services between the EU and Japan amounts to 86 billion euros. The EU agreement with Canada is referred to as a comprehensive economic and trade agreement, short for Ceta.
On Wednesday, Mr Tusk presented a draft common position of the remaining 27 states on their future relations with Britain, which proposes a modest free trade agreement compared to what London had requested and which shows clear limits on the access of British banks in continental Europe. Do we not have to be part of the EU regulatory system to join the EU? The UNITED States sends more to the EU-27 than the UK and is not part of the EU regulatory system. British distributors must comply with EU rules on products exported to the EU, as we have done now, for example, for Australian products exported there. The EPA will also open up the Japanese market to more EU-based services and allow EU developers access to Japanese public infrastructure projects such as railways. The EU estimates that 600,000 jobs in Europe are related to trade with Japan. Johnson tweeted about Council President Donald Tusk`s proposal: “Tusk`s offer to Canada shows that there is a great way to solve the Irish border problem and create a free trade partnership that works well for both sides of the canal – as I explained last week in my plan for a better Brexit.” All of a sudden, a free trade agreement solves the Irish border, addresses the concerns of major producers and distributors, like us, who are shipping beyond the EU`s borders. It allows the UK to leave the EU altogether without the need to join the internal market or customs union. “From the beginning, the EU`s offer is not only an agreement with Canada, but also an agreement “Canada more more” “. Much broader in trade, internal security and external cooperation.