BRUSSELS (Reuters) - The EU-Canada free trade deal's provisions on investment protection are in line with EU law, a senior court adviser said on Tuesday in a recommendation to the European Court of Justice. The view of Advocate General Yves Bot, if backed by the court, would be a major relief for proponents of the trade agreement, which came into force on a provisional basis in September 2017. Judges are not bound by the opinions of advocate generals, but they tend to follow them in the majority of cases. (Reporting by Philip Blenkinsop, Editing by Gabriela Baczynska) … [Read more...] about EU-Canada trade agreement is in line with EU law
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By Foo Yun CheeSTRASBOURG (Reuters) - The European Union and Japan will launch the world's largest free trade zone early next year after their economic partnership cleared a final hurdle on Wednesday.gi Some 70 percent of European Parliament lawmakers backed the agreement that binds two economies accounting for about a third of global gross domestic product and signals their rejection of protectionism.While they have agreed to start separate trade talks with the United States, both face trade tensions with Washington and their steel and aluminium producers remain subject to U.S. tariffs imposed by President Donald Trump.EU Trade Commissioner Cecilia Malmstrom said the deal would bring clear benefits to EU companies and farmers. Japan's parliament approved it on Saturday."If all goes well, it should be able to enter force on February 1," she told Reuters in an interview. "The agreement is not only sending a signal to the world. It is also extremely advanced when it comes to opening … [Read more...] about EU-Japan free trade deal cleared for early 2019 start
The European Union is ready to offer Britain a form of “Canada-plus” Brexit trade deal, Donald Tusk has said in a move described as a “superb way forward” by arch-critic Boris Johnson. Mr Tusk, the European Council president, also demanded that Theresa May’s government “get down to business” and solve the Irish border issue to seal a Brexit deal. The comments put pressure on the Prime Minister to change strategy and open talks on a Canada-plus deal ahead of a crucial meeting of EU leaders in 10 days time. Eurosceptic Conservative MPs like Mr Johnson back a looser Canada-plus free trade deal with the EU over the closer vision agreed by Mrs May’s Cabinet at her Chequers country home. After meeting... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium … [Read more...] about Boris Johnson welcomes Donald Tusk ‘Canada +++’ Brexit trade deal offer as ‘superb way forward’
Donald Tusk said the EU is ready to offer Britain a “Canada +++” Brexit trade deal on Thursday but warned the UK it would have to show more respect to Brussels to get it. The president of the European Council attacked Jeremy Hunt, the foreign secretary, who recently compared the EU to the Soviet Union at a Conservative Party Conference speech. Mr Tusk, who endured Soviet-imposed communism in Poland, also demanded that Theresa May’s government “get down to business” and solve the Irish border issue to seal the Brexit deal. “From the very beginning, the EU offer has been a Canada+++ deal. Much further-reaching on trade, internal security and foreign policy cooperation,” the former prime minister... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium … [Read more...] about Donald Tusk offers Britain ‘Canada +++’ Brexit trade deal but demands respect
News / UK and world by Press Association September 17, 2018, 4:03 pm FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter With Boris Johnson warning that the Government is heading for a “car crash” Brexit unless it ditches Theresa May’s Chequers plans, what are the possible outcomes from the EU withdrawal process? THE CHEQUERS OPTION Agreed by the Cabinet – then including Mr Johnson – in June, Theresa May’s blueprint would see the UK remain in a free trade area with the EU for goods but not services. UK customs officers would charge different tariffs at the borders for goods bound for the domestic or European markets. An independent arbitration panel would rule on disputes between the two sides and would be able to refer matters of interpretation of EU law to the European Court of Justice. After the formal date of Brexit on March 29 2019, the UK would have a 21-month implementation period to prepare for new … [Read more...] about No deal, Chequers, free trade: What are the options for Brexit?