Thread by @AnnaJerzewska

It starts with a reference to a "pretty frank exchange of letters"

#IFGBrexit

Interesting listening to @StefaanDeRynck.

Couldn’t agree more on the point around every FTA being bespoke and tailor-made. The fact that a country offered a concession to another trade partner does not automatically mean that subsequent partners are entitled to it as well.
/2

Especially that more often than not concessions are offered IN RETURN for something else.

You can't ask for only half of a deal.

/3

I'd also agree that there will be disruption in Jan 2021 whether there is no deal or a deal is signed in the last minute.

Rejection of an implementation period is interesting - after all, it's standard for all FTAs. Text is finalised and companies have time to prepare
/4

Saying to SMMT that EU's Brexit preparedness notices gave sufficient information for the sector to prepare and only "a few details" remain unknown such as "RoOs and whether there will be tariffs" is a bit odd. I would say these are not "details", especially for the auto sector
/5

A high-level response to a question on how no customs formalities NI to GB would fit with the UCC.

The UCC clearly mentions that goods leaving the EU's customs territory are subject to the export decl and pre-notification if exp dec is not submitted.
/6

Overall a very interesting session. A lot of areas covered. As always with IfG events, well worth taking the time to watch.

Thanks @StefaanDeRynck, @jl_owen and @ifgevents

/end