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The UK Trade Secretary has hinted at the possibility of aligning with EU rules for food and agriculture products to secure uninterrupted access to European markets. Such a deal would involve removing all trade barriers in exchange for reflecting EU rules and standards. Labour’s manifesto during the last general election claimed to lower barriers and red tape created by Brexit for the export of agricultural products to the EU. The depth of the agreement is not yet known.
Speaking to the BBC, Jonathan Reynolds stated that such cooperation would not break the government’s “red lines” and thanked EU Trade Commissioner Maros Sefcovic for his encouraging comments. The EU has suggested that the eradication of barriers in the sector could be achieved if the UK adopted relevant EU standards and rules as they evolve. Such a process is referred to as “dynamic alignment.”
Reynolds indicated that both veterinary agreements with dynamic alignment and a pan-European customs plan were not in conflict with the government’s position. In the view of the Labour minister, a Pan-Euro-Mediterranean Convention didn’t cross these lines as it was “not a customs union.” In response to interview questions regarding the full-fat veterinary agreement with dynamic alignment, Reynolds reiterated that this was “part of our manifesto, a veterinary agreement.”
The potential of a new UK-EU trade agreement that could entail EU rules and standards has irritated the Conservatives. The Liberal Democrats, on the other hand, argue that the government should do more to smooth trade with the EU and prepare for the possibility of US tariffs on UK exports.
Reynolds’ comments arrived after meeting Sefcovic at the World Economic Forum in Davos. Although a final decision has not yet been made, a deal could be in the works in the coming weeks
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