Egypt's NUCA, SHMFF sign New Cairo land allocation for integrated urban project    CIB named Egypt's Bank of the Year 2025 as factoring portfolio hits EGP 4bn    Egypt declares Red Sea's Great Coral Reef a new marine protected area    Oil prices edge higher on Thursday    Gold prices fall on Thursday    Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing    Egypt denies coordination with Israel over Rafah crossing    Egypt to swap capital gains for stamp duty to boost stock market investment    Egypt tackles waste sector funding gaps, local governance reforms    Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures    Egypt recovers two ancient artefacts from Belgium    Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025    Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy    Egypt's Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Britain ‘will not be aligning with EU rules' in Brexit deal
Published in Amwal Al Ghad on 03 - 02 - 2020

Britain will “not be aligning with EU rules” in any post-Brexit trade deal, the foreign secretary has said.
Dominic Raab argued agreeing to stick strongly with EU regulations would “defeat the point of Brexit”.
But Irish PM Leo Varadkar said the UK needed to commit to a level playing field to get a free trade deal.
Talks to negotiate a free trade deal between the UK and the EU are due to start next month, following the UK's formal withdrawal from the bloc.
On Monday Boris Johnson is expected to set out his position ahead of those talks, where he will tell the EU he is prepared to accept customs checks at Britain's borders if he cannot secure the sort of trade deal he wants.
EU chief negotiator Michel Barnier will also outline his approach to negotiations.
Speaking to the BBC's Andrew Marr Show, Mr Varadkar said it was possible for the UK to have a “Canada-style agreement”.
However, he added: “Canada isn't the UK; you're geographically part of the European continent, we share seas and airspace and our economies are very integrated.
“And one thing we feel very strongly in the EU is that if we are going to have tariff-free, quota-free trade with the UK, which is essentially what we have with Canada on almost everything, then that needs to come with a level playing field.
“We, for example would have very strong views on fair competition and state aid.”
A level playing field is a trade policy phrase for a set of common rules and standards that prevent businesses in one country undercutting their rivals over those operating in other countries in areas such as workers' rights and environmental protections.
He also cautioned against “setting rigid red lines” for the post-Brexit trade negotiations arguing “it makes coming to an agreement more difficult because the other side doesn't feel like it has got a fair deal unless those red lines are turned pink.”
Mr Raab said the UK would enter trade talks “with a spirit of goodwill” but added “the legislative alignment – it just ain't happening”.
Labour's John McDonnell said Mr Johnson's desire to diverge from EU rules “contradict” what the PM had previously said on protecting environmental, consumer and employment rights.
“On the one hand he said there will be [protections] on the other hand he is sabre-rattling saying that won't happen in the negotiations,” he said.
But Brexit Party leader Nigel Farage welcomed the prime minister's approach arguing it was in the UK's “national interest” to be “a competitor on their [the EU's] doorstep.
The government also wants to make progress in striking free trade agreements with countries such as the United States, Japan, Australia and New Zealand.
The EU's own approach to the negotiations needs to be agreed by all 27 member states – which would be unlikely to happen before the end of February.
While the UK officially left the EU at 23:00 GMT on Friday, it will remain wedded to EU rules during a transition period which ends in December this year.
The UK can request an extension to this transition period, but Mr Johnson has previously said he will not do so.


Clic here to read the story from its source.