For ‘Regulations’ and ‘Terms’ read ‘Standards’ , even where EU standards are lower than those required in the UK.Not at all. EU regulations will continue to apply to UK-Canada trade for several more years.
He knows that but it is fun getting Remainers steamed up.For ‘Regulations’ and ‘Terms’ read ‘Standards’ , even where EU standards are lower than those required in the UK.
The key point is that the EU will have no control or adjudication over the roll-over UK - Can deal.
That goes for all other roll-over agreements.
It’s quite simple, really, and enables ‘normal jogging’ while other terms are thrashed out in the future.
Project Fear and Remainerists don’t seem to able to grasp this concept.
I think it's extremely interesting.I reckon maintaining the status quo is good news. Still worthy of a laugh, though, after 4 years of fantasy.
What do you think?
I think it's extremely interesting.
Project Fear told us that the UK could not possibly expect trade deals to the levels that the EU had with the RoW.
We just did.
Boris 1 - Cameron/May 0
But with many wickets left in this innings, I agree.
Nah... but according to the soup server, we will still be regulated by the EU for years to come. Must be true if he said it.My bold!
We did better because we don't have to pay the Canadians £££ for the deal. Neither do the Canadians get to make our laws for us or send us their random unemployed.
Where did you pick up working under EU regulations?
The four year fantasy was all yours Colonel... PMTM let you down big time.
Hey ho. You’ll get over it in time.
The new trade agreement between the UK and Canada is directly between the two countries and is separate from CETA. The treaty has terms which duplicate those of CETA (with a few minor exceptions) as it is intended to provide for trade continuity. It is to be called the Canada-United Kingdom Trade Continuity Agreement.Thanks. UK trading with Canada on EU regulations for several more years is amusing.
The new trade agreement between the UK and Canada is directly between the two countries and is separate from CETA. The treaty has terms which duplicate those of CETA (with a few minor exceptions) as it is intended to provide for trade continuity. It is to be called the Canada-United Kingdom Trade Continuity Agreement.
The plan from the beginning was to roll over existing terms and then proceed to negotiate a new trade agreement which is more closely tailored to the relationship between the two countries as opposed to with the EU as a whole. This was announced several years ago. The UK parliament however spent the next few years acting like a cat in the doorway not being able to decide whether it was going to be in the EU or out of the EU, until recently when things have become clear enough to proceed with a trade agreement.
The final treaty is expected to cover more areas than CETA, and negotiations will start next year. Canada will need to start federal-provincial consultation and government-business consultation to flesh out its negotiating position, and I imagine the UK will do the same on their end. The interim treaty however has no expiration date.
More details can be found here, including a link to the video conference announcement by the two PMs and trade ministers. Detailed discussion is more suitable to that thread than to this one.