Brexit: EU Parliament Makes Tough Demands for Talks

BBC News |

Image: Ursula von der Leyen, President of the European Commission. Source: EU Parliament


The European Parliament has approved a tough opening position for talks with the UK on its future relationship with the EU.

MEPs called on the UK to follow EU policies in a host of areas as the price for an ambitious free trade deal.

These range from chemicals regulation to climate change, food labeling and subsidies for companies.

This should be with "a view to dynamic alignment" - code for the UK adopting European rules as they are introduced.

The wide-ranging resolution also called for measures to ensure that Brexit does not cause gender discrimination, for a crackdown on tax havens with links to the UK, and for a joint UK-EU position at the upcoming UN climate conference in Glasgow in November.

How the EU's language has toughened up

It's an attempt to influence the detailed instructions for the EU's chief negotiator Michel Barnier - "the mandate" - currently being discussed by the European Commission and the governments of the EU's 27 member states.

It's also the latest example of the mandate being toughened up as it passes from institution to institution in the EU.

Source: EU Parliament

When Mr Barnier published a first draft in early February, there was no mention of alignment and definitely not the automatic kind.

Then a new version emerged that had been tweaked by diplomats from national governments.

It had extra references to the need for a level playing field - commitments by the UK to fair economic competition to prevent European businesses being undercut by their British rivals. And those commitments would have to evolve over time.

A reference to "building on" existing access to British waters for European fishing boats was upgraded to "upholding" it.

The UK's participation in the Galileo satellite positioning system was downgraded from "should" to "could."

And now MEPs have gone further than all of them.

What is the European Parliament hoping to achieve?

"It means we can be bad cop," said a senior MEP from the European Parliament's new UK Co-ordination Group. "Michel Barnier can say to London that he can't do certain things because the Parliament won't accept them."

That's a tactic Mr Barnier is virtually guaranteed to use. And he will have to take the European Parliament's views into account because it is likely to have a vote on whatever deal emerges from the talks with the UK.

MEPs were not willing to oppose the divorce deal, but will they be tougher when it's a free trade agreement that touches on Europe's values and social model?

For now the focus is on agreeing the EU's opening position to be finalized at a meeting of European ministers on 25 February. This is about the ambitions at the start, not the compromises at the end.

It's also about shaping the terms of the discussion with the UK before it's even begun.

MEPs and the entire EU know: if you don't ask, you don't get.

_____

Source: BBC News

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.


Discover: Trending Events

United Nations
Blockchain for Europe
Humanity 2.0
World Economic Forum

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

World Economic Forum at Davos 2019 - Joseph Weinberg CEO PayCase, Chairman Shyft

Matt Bird sits down with Joseph Weinberg CEO PayCase, Chairman Shyft at the World Economic Forum at Davos 2019