Edition: International | Greek
MENU

Home » EU Actually

Brexit negotiations started, with knifes drawn

On Monday March 2 the bell rang for the start of the trade negotiations between the UK and the EU: Boris Johnson’s negotiator David Frost versus Michel Barnier

By: N. Peter Kramer - Posted: Thursday, March 5, 2020

The British negotiation document ‘The Future Relationship with the EU’ is clear, it says, that the U.K. will maintain high standards and wants full control over the future direction of its regulations.
The British negotiation document ‘The Future Relationship with the EU’ is clear, it says, that the U.K. will maintain high standards and wants full control over the future direction of its regulations.

by N. Peter Kramer 

On Monday March 2 the bell rang for the start of the trade negotiations between the UK and the EU: Boris Johnson’s negotiator David Frost versus Michel Barnier. However, some observers have their doubts regarding the term ‘negotiation’, when Barnier is at the table. The former French minister excels in making immovable demands and trying to force the other side to their knees. Johnson’s predecessor, Theresa May, can testify to that. Will we see the same pattern this time?

The EU demands look as though they will lead to a hard Brexit and are a straight brushing aside of the British popular will. Three times the Brits have obviously chosen independence from the EU. Last time, November 2019, they offered their prime minister a majority in the House of Commons to finally sort it out. But it seems that ‘Brussels’ is not willing at all to accept this. The British negotiation document ‘The Future Relationship with the EU’ is clear, it says, that the U.K. will maintain high standards and wants full control over the future direction of its regulations. ‘Whatever happens, the government will not negotiate any arrangement in which the U.K. does not have control over its own laws and political life,’ the document reads. ‘That means that we will not agree to any obligations for our laws to be aligned with the EU’s or for the EU’s institutions, including the Court of Justice”.

The EU has a completely different idea. It wants to keep the UK as a kind of a surrogate member with no right to participate in decision-making but signing up to follow Brussels rules and regulations, maintaining the jurisdiction of the European Court of Justice, a 100% level playing field, free entrance for all EU fishermen to the British waters, etcetera. Asking for a ‘Canada-Free Trade Agreement type relationship’ with the EU, Barnier answered Frost that such a deal cannot happen because the UK is not far enough away from the EU…

UK and EU are in a transition period until 31 December of this year following the UK’s departure from the EU on 31 January. But the British Government said that if no agreement is in sight by June, the government could ditch negotiations and focus on preparing to leave without a trade agreement. Isn’t it up to the EU to follow through Barnier’s statement to offer the UK an ‘ambitious partnership’, between sovereign equals.

READ ALSO

EU Actually

IEA: “India breaks Chinese dominance in solar panels”. Good for Europe?

N. Peter KramerBy: N. Peter Kramer

In his weekly column N. Peter Kramer writes, by 2031 India will be a full-fledge competitor for China in production of solar panels, predicts the International Energy Agency (IEA). Can it help to reduce Europe’s high independence on its single supplier?

Europe

No, a Democratic Congress won’t save Europe

No, a Democratic Congress won’t save Europe

A blue wave has swept over the U.S. midterms, with Democrats regaining control of both houses of Congress. But Europeans hoping for a return to business as usual should think again

Business

Businesscraft: Japan’s Quiet Discipline for a Fractured World

Businesscraft: Japan’s Quiet Discipline for a Fractured World

For almost thirty years after the end of the Cold War, geopolitics stayed away from the corporate boardroom. Geopolitical considerations belonged to the foreign ministry or to a dedicated risk committee back at headquarters, and rarely crossed a CEO’s desk.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron