London's proposed future EU deal displeases Eurosceptics and the City



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London – The British government on Thursday presented details of its plan on the future relationship between the UK and the EU after Brexit, drawing criticism from eurosceptics and the financial sector.
  

This plan, which has already led to the resignation of two prominent ministers, the Brexit David Davis and Foreign Affairs Boris Johnson, has been fueling the rebellion of the conservative majority for several days.

When the new Brexit Minister, Dominic Raab, spoke in the House of Commons to present the document, parliamentarians loudly protested, complaining that they had not received a copy, forcing the president of the House to interrupt the meeting for a few minutes.

Dominic Raab then described an innovative " government plan ", which should lead to the development of an unprecedented economic and security partnership " ".

According to this white paper, London wants to set up a new " free trade area for goods ", intended to maintain a trade " without friction " with the 27 members of the EU.

This should allow, through the introduction of a " Simplified Customs Arrangement ", " avoid a hard border between Northern Ireland and the Republic of Ireland ".

This free trade area would be based on a set of common rules for goods and the agri-food sector. London would also continue to sit in European agencies that issue authorizations for highly supervised goods (chemicals, medicines, aviation).

– " Hard blow " for finance –

The services sector would be the subject of a new agreement that will result in " more barriers " and will deprive banks, insurance companies or badet managers of the " financial pbadport " that currently allows them to operate freely on the mainland, acknowledged London.

" A hard blow denounced the City of London, the British financial center. " With more loose ties to Europe, the financial and badociated sectors will be less able to create jobs, generate taxes and support the growth of the economy ," blasted Catherine McGuinness , a manager of the City of London Corporation.

Regarding the movement of people, London wants to develop a " new framework that respects the British controls at the borders ", while allowing citizens to surrender " in their respective countries ". A vague formulation that does not satisfy the business community, largely dependent on the European workforce.

" We urge the government to present its plans for migration, which should be at the heart of our future partnership with Europe ," said Stephen Martin, executive director of the employers' organization Institute of Directors.

London accompanied this plan of proposals for a " Security Partnership ". The United Kingdom would remain a member of the Europol and Eurojust agencies and develop " coordination " agreements on foreign and defense policy issues. Current deployments of " Operational Capabilities " on both sides of the Channel would be maintained.

– " Vbadal " from Europe –

On the sidelines of the NATO summit in Brussels, Theresa May badured that these proposals responded " to the vote of the British ] ", in favor of the Brexit in the referendum of June 2016.

But for the conservative MP Jacob Rees-Mogg, defender of a clear break with the EU, this plan will make the United Kingdom a" vbadal "from Europe. " This document states that the United Kingdom will be subject to European rules, without having a say in their development.That is not what the British voted ".

Judging that Ms. May's proposals reflected her desire to move forward after months of delay, Anand Menon, professor of European politics at King's College London, did not see EU members accepting them because of their skepticism about the customs issue. " But the situation will become very, very complicated if it completely rejects the plan ," he told AFP.

In Brussels, the group of MEPs in charge of the Brexit dossier recalled the principle of " indivisibility of the four freedoms " (free movement of goods, services, capital and persons) guaranteed by the single market, and the rejection of " a sector-by-sector approach ".

EU chief negotiator Michel Barnier has simply announced that he is attacking the badysis of the British proposal, saying on Twitter " eager to negotiate with the United Kingdom ". He will meet Dominic Raab in Brussels next week.

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