Brussels continues to embarrass itself in trade discussions with Australia and the United States.
According to a top trade expert, the EU’s attempts to establish its own trade deal have failed miserably, as Britain moves ahead of Brussels in forging major commercial accords after leaving the bloc.
According to a top trade expert, Brussels continues to botch its own trade talks with countries all over the world. The EU looks to have “done everything in its power to make trade accords impossible,” Catherine McBride, a fellow at the Centre for Brexit Policy, told TRT’s Roundtable. In contrast, the United Kingdom is pressing ahead with its own post-Brexit agreements.
As Brussels continues to encourage the UK to sign up to European laws, Ms McBride responded to suggestions that customs checks in Northern Ireland are owing to a lack of agreement on animal and health standards.
“If we signed up to the EU’s SPS rules, we wouldn’t be able to join a US trade deal,” she stated.
“Because the United States does not have a trade agreement with the EU, and a lot of that has to do with the EU’s SPS laws, as well as other agricultural rules.
“It’s a bit of a joke that the British aren’t embracing free trade while the EU is.” The economist continued, “The EU is a customs union, and it’s all about protecting its own firms from international trade.”
“The EU has not offered any type of financial services equivalent to the UK, and they are frantically attempting to take that market for themselves.
“Australia had no trouble concluding a trade agreement with the United Kingdom; in fact, they provided the United Kingdom better conditions than the United Kingdom gave them.
“Australia does not have a trade agreement with the EU because the EU has done everything it can to make it difficult.
“They’ve been negotiating for years and haven’t achieved anything.
“So I can’t agree with the idea that the EU is all friendly and it’s all the fault of the UK.” Earlier today, Australian political journalist Jake Thrupp told the Sunday Express that the June trade agreement between the UK and Australia “shows, to the doubters, that life after Brexit does exist.”
As a result of the Australian trade agreement, iconic British products such as cars, Scotch whiskey, biscuits, and ceramics will be more affordable to sell in Australia.
Last year, the trade relationship between the United Kingdom and Australia was valued £13.9 billion. “Brinkwire News in Condensed Form.”