Moving People

News

/ News / Article

  • Reuters

EU seeks ambitious deal with Britain, demands fairness


The European Union wants an ambitious future partnership with Britain, including zero tariffs and quotas, but will demand commitments to ensure open and fair competition, according to the EU’s draft mandate for negotiations released on Monday.

The demand for a level playing field was the only section in bold of the 33-page document.

“Given the Union and the United Kingdom’s geographic proximity and economic interdependence, the envisaged partnership must ensure open and fair competition, encompassing robust commitments to ensure a level playing field,” the document said.

The partnership should ensure “common high standards” in state aid, competition, state-owned enterprises, labor and environmental standards and “relevant tax matters”, it said.

The partnership, the document said, should ensure the application of EU state aid rules to Britain.

The draft mandate also sees a role for the Court of Justice of the European Union, for example in the case of a dispute.

EU governments are expected to approve the draft negotiating mandate on Feb. 25, allowing negotiations to begin at the start of March.


construction-image1.jpg

Subscribe and keep up to date with all the latest news from Oakmark

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited