London proposes a "free trade area" with the European Union



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Theresa May in front of 10, Downing Street, May 23, 2018. – Rob Pinney / LNP / Shutters / SIPA

She finally shot her cards. Free Trade Area with the EU and new customs model: Theresa May presented Friday her vision of the future relationship she wants with the
European Union. This proposal was long awaited by the Europeans, tired of the delays of the British government on the content of the negotiations on the divorce from the EU, planned in less than nine months.

London proposes a "free trade zone "with the EU for post-Brexit https://t.co/h6LAeS1Op8 #AFP pic.twitter.com/tMhnjokMdX

– Agence France-Presse (@afpfr) July 7, 2018

The British plan, which confirms the end of free movement of people, was unveiled in the form of a statement issued after an executive marathon meeting at Checkers, the British Prime Minister's country residence, 70 km north-west of London

New business-friendly customs model

"Our proposal would create a free trade zone between the United Kingdom and the EU with a set of common rules for industrial goods and agricultural products ", d Clare Theresa May herein Downing Street stating that the services sector would instead the "different arrangements" object. "We have also agreed on a new business-friendly customs model with the freedom to enter into new trade agreements around the world," added the Conservative Prime Minister.

According to the UK executive, these proposals will help to avoid the return of a physical boundary between Ireland and Northern Ireland, which is the main stumbling block to the ongoing negotiations and a major concern for the island's inhabitants.

In this project , London also emphasizes the need to "intensify" the preparatory work to face all possible scenarios – in particular that of a possible exit of the EU without agreement with Brussels, which the companies fear.

Reactions Critics

Theresa May, who will publish next week a white paper further detailing her goals, says that this proposal results from a "common position" of m federations of his government, whose divisions on the directions to give to Brexit had made fear the worst for Friday's meeting in Checkers.

Barely published, Theresa May's project was already provoking critical reactions on the side of eurosceptics . "We now see the true face of Theresa May. This is a bad (plan) for the UK, "said John Longworth, co-chair of the pro-Brexit movement Leave Means Leave.

What will Brussels say?

Rest now to know what will be the reaction of Brussels, who would like to see the discussions finally progress. "The sooner we have a precise British proposal on the Irish border, the better the chances of finalizing the Brexit negotiations this year," said European Council President Donald Tusk this week. On Friday, Michel Barnier, the EU's chief negotiator, said he was "ready to adapt his offer" and hoped that the white paper will resolve "the UK's internal political debate and negotiations with us".

Faced with the risk of deadlock, Austrian Chancellor Sebastian Kurz, whose country holds the rotating presidency of the EU, raised Thursday the possibility of extending negotiations. On Friday, however, he stressed that this would require unanimous agreement of the 27 EU members. At his side, the head of the European Commission Jean-Claude Juncker said: "we want to stick to the established timetable. We will operate step by step. "

The British proposal should also be closely scrutinized by companies, which also did not hide their discomfort this week. Patience "is at an end," said Adam Marshall, the managing director of the British Chambers of Commerce. Tom Enders, the executive chairman of the European aircraft manufacturer Airbus,
was pessimistic about the outcome of the negotiations. "Whether it's hard, soft, light or clean, (Brexit) will cause damage to the aviation industry and others, and cause damage in the UK," he said. [19659018] [ad_2]
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