Aaron Rankin Profile picture
Anglo-Aussie, former @Conservatives parliamentary candidate & Northern Ireland Conservatives Exec. Fintech aficionado. Views are my own. aaron@aaronrankin.com

Sep 13, 2020, 5 tweets

This is slightly misleading as it mischaracterises the UK’s position on state aid in the EU talks as wanting a free for all on its side however this isn’t the case /1

#Brexit
ft.com/content/edb7d1…

In the UK’s negotiating mandate they have said that they are seeking state said rules similar to that in the EU-Canada & EU-Japan FTAs, going so far as to cite them explicitly. /2

#Brexit

The reports appear to say that the State Aid clauses in the U.K.-Japan FTA mirror those of the EU-Japan FTA, something we’d say we’d be ok with so what’s the big deal? /3

#Brexit

The EU’s offering in their negotiating mandate for future relationship is an altogether different kettle of fish where is says the U.K. must apply EU state aid rules now & in the future as they change.

Something they didn’t ask of Japan. /4

#Brexit

The UK isn’t asking for no state aid measures as all as the @FT article insinuated but similar state aid/non regression clauses as found in FTAs the already EU has

The recent FTA we signed with Japan shows what can be achieved in a short period, time the EU got real /5

#Brexit

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