Britain Can Sign Trade Deals While in Single Market, Brussels Rules
Britain will be free to sign trade deals during the Brexit transition period without permission from the European Union after a climbdown by Brussels, The Times has learnt.
EU negotiators have accepted the UK’s demand that it should be able to pursue an independent trade policy while remaining inside the customs union and single market.
Publicly, the EU’s negotiating guidelines still state that Britain will not be able to implement trade deals “unless authorised to do so by the union”. Behind closed doors the position taken by Michel Barnier, the EU chief negotiator, is understood to have softened significantly. The latest draft of a potential transition deal says that Britain will be able to both negotiate and sign trade deals during the period.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Eurostat: Annual Inflation in the Eurozone Fell to 8.5% in January
- » The European Commission approved Funds for Highway "Europa" from Sofia to Kalotina
- » Record Sales of Electric Cars in Europe for 2022
- » EU with Higher Solar and Wind Energy Production in 2022 than Gas
- » EU: The Eurozone will avoid Recession this Winter
- » A Greek Fighter Jet has Crashed in the Ionian Sea, the Two Pilots are Missing