I like this approach - sign a continuity deal and commit to negotiating a proper one later on.
Allows you to maintain some sort of continuity but acknowledges that the EU deal is not necessarily fit for purpose for the UK-Canada trade relationship.
/1
Allows you to maintain some sort of continuity but acknowledges that the EU deal is not necessarily fit for purpose for the UK-Canada trade relationship.
/1
https://twitter.com/g_lanktree/status/1330149373066555392
More importantly, this removes the Jan deadline for negotiating a proper FTA. Until you do, the roll-over applies. Meaning parties have more time to ensure the new deal is exactly what they want it to be.
/2
/2
The downside, of course, yet another deal for the UK to negotiate. While LT can talk about the UK having large numbers of negotiators, few of them have proper experience and we will still be somewhat overstretch
/3
/3
And then there is the projected impact on the UK's economy 👇 - minuscule.
Yet, bespoke deal with Canada is better than a roll-over EU deal in the long term.
/end
Yet, bespoke deal with Canada is better than a roll-over EU deal in the long term.
/end
https://twitter.com/BarrySheerman/status/1330212810647859212
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