We start with the governance arrangements for TCA & WA
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then a reminder about all the exit clauses in the TCA: plenty to choose from
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Plus all that on-going work the TCA commits both parties to for the next, long period of time
4/
A summary of the dispute settlement mechanism, just in case you might need it
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And the rebalancing mechanism for the LPF (which can be for later this year)
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And the piece de resistance: the mentions of other international instruments in the TCA, to highlight how much it continues to bind the parties together
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Will update PDFs in my repository shortly, once I've worked out why they're not saving properly: drive.google.com/drive/folders/…
In meantime, you're welcome to use (with credit) any of these images, to offer corrections, and to ask for new graphics
/end
All updated now, for your viewing pleasure
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Slightly hard to categorise these measures, but roughly:
- 6 items of promised legislation
- 5 new institutional arrangements
- 5 commitments/promises on things (not) to do
- 4 ongoing pieces of work
- 2 procedural changes
- 1 clarification
- 1 relabelling
Lots of talk about regulatory alignment right now, so here's a go at unpacking what it involves, and what happens when you step away.
Let’s start with a model world, with 3 states
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In this world, each state has some different regulations (each arrow): how much arrow point in the same direction shows how much they match up with their counterpart in other countries
(yes, it's more complicated than this, but you get the drift)
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Each of these regulations forms some kind of barrier to trade
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While not unprecedented, it's unusual for such a letter to be written: treat it as a demonstration of collective intent and openness
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For those in the UK unfamiliar with #EuropeDay, it's the main occasion when the EU recalls its roots in the 1950 Schuman Declaration as a peace project, hence the opening of the letter