EU-UK trade talks could start next week

Published
0
Britain left the EU on Jan 31 and the two sides have been talking tough in the run-up to a new round of negotiations. — AFP/File
Britain left the EU on Jan 31 and the two sides have been talking tough in the run-up to a new round of negotiations. — AFP/File

BRUSSELS: The 27 European Union countries expect to adopt on Tuesday their negotiating mandate for talks about their relationship with Britain after Brexit, paving the way for the launch of talks as early as next week, a senior EU diplomat said on Monday.

Britain left the EU on Jan 31 and the two sides have been talking tough in the run-up to a new round of negotiations. The EU is demanding far-reaching guarantees of fair competition and London is saying it will not be bound by the bloc’s rules on the so-called level playing field.

“The expectation is to adopt the negotiating mandate tomorrow, which would allow us to start negotiations very soon, even as early as next week,” the diplomat said.

France had held up agreeing the EU’s joint negotiating stance, seeking to strengthen the level playing field provisions, including to oblige Britain to follow the bloc’s rules and regulations in future in exchange for access to the EU’s cherished single market.

But the 27 national envoys to EU hub Brussels agreed a text on Monday that says any new trade treaty between the EU and Britain “should prevent distortions of trade and unfair competitive advantages so as to ensure a sustainable and long-lasting relationship”.

“The envisaged agreement should uphold common high standards, and corresponding high standards over time with (European) Union standards as reference point,” said the document, which was seen by Reuters.

It covers state aid, competition, social, employment and environmental standards, as well as relevant tax regulations.

European affairs ministers of the 27 are due to rubber stamp the mandate for the bloc’s executive Com­mis­­sion, which negotiates with Britain, on Tuesday.

“We are ready to offer a highly-ambitious trade deal providing that level playing field is ensured, as well as close cooperation in many other areas,” said Croat minister Andreja Metelko Zgombic who will chair the Tuesday session as Zagreb currently holds the EU’s rotating presidency.

Published in Dawn, February 25th, 2020

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...