CEEP Opinion – Brexit, Trade and SGIs “Reflection on brexit and trade: possible options” – PDF
- CEEP intends to contribute to the Brexit debate by identifying reflection tracks towards ensuring level-playing field in a post-Brexit EU-UK relationship, in which providers of public services and of SGIs can operate for the benefits of citizens and companies.
- Brexit will have fundamental political, economic and legal consequences for both sides. These consequences will be shaped by the features of the agreement that is currently being negotiated. The two parties will have to reach an agreement in the following three main areas: First, the United Kingdom and the EU will need to agree on the regime for the trade of goods and services. Second, new rules are needed for migration. Third, the United Kingdom needs to be disentangled legally from the European Union (European Union (Withdrawal) Act 2018).
- In this statement, CEEP argues that solutions like the free trade agreement with Canada (CETA) do not justice to the close European ties between the UK and the EU. A comprehensive, but flexible free trade agreement with much EU acquis and deep and comprehensive content, such as the DCFTA currently in force between the EU and Ukraine, seems most likely able to meet interconnection requirements between both countries and to foster cooperation and common policy-making in the future. Therefore, it is highly desirable for the economic prosperity of the EU and the UK.
- The future trade negotiations for free trade agreements like the DCFTA should respect environmental, social and security standards. Especially, the possibility to amend the agreement in view of political or economic developments is crucial given the geographic, historical, political and economic relations between the European Union member states and the United Kingdom. A DCFTA oriented agreement can assure a high degree of access to the EU single market, at least for trade in goods, but not necessarily for movement of people and services.