05.10.2022

Britain has formulated the customs of the EU proposal

The Prime Minister of Britain, Theresa may, announced a one-year plan to support the Irish border after Brexit, trying to find a compromise that could settle differences in her government, reports Reuters.

The Cabinet may issued a plan for temporary customs device. This plan denies a return to strict customs control at the frontier between the British province of Northern Ireland and a member of the EU Ireland.

Instead, it is assumed that Britain will be associated with the customs Union of the EU after nearly two years of the transition period, if there are any delays in the transaction Brexit.

The British government also announced that it expects the transaction Brexit by the end of December 2021

The negotiator of the Union for Brexit Michel Barnier welcomed the publication of proposals, but stated that the support plan should not harm the single market and the customs Union of the EU.

How to write “News.Economy”, earlier it was reported that the United Kingdom can provide Northern Ireland joint membership status of the UK and EU that the country could freely trade with both, trying to break the deadlock in the negotiations on Brexit.

The idea is to create a 16-kilometer long shopping buffer zone along the border for local merchants, such as dairy farmers, after the withdrawal of Britain from the bloc, said an Agency source in diplomatic circles.

This plan is one of several under discussion, but it may not offer the European side, the official said.

The inspiration for the system of dual control was taken by the example of Liechtenstein, which can work simultaneously in Switzerland and in the European economic area.

Business of the EU need trade, not a lesson London

Half of large EU companies reduces investment in the British economy ahead of Brexit, according to the survey of 800 business people, conducted by law firm Baker & McKenzie. 3/4 of respondents believe that Brussels should make concessions to London to provide good trading conditions in the EU after 2019.

96% of the European business representatives stated that the maintenance of trade is much more important than the lesson that the EU wants to teach the UK because of Brexit. With 2/3 of respondents believe that the parties should conclude a free trade agreement. Almost half in favour of the customs Union.

Many European companies are expressing concern that London and Brussels has still not agreed on the terms of cooperation after the British exit from the EU. Thus, German industry group BDI said that now the Kingdom “is moving to chaotic Bracito” that will have disastrous consequences. French Airbus warned that leaving the EU without a deal will force the aircraft manufacturer to review its long-term position that will jeopardise thousands of British employees.

Earlier, the European business Federation BusinessEurope urged the British authorities to preserve as much of the rules of the EU after Brexit, to limit the breaks in trading and supply chains.

Meanwhile, as Reuters reports with reference to the press service of the Prime Minister of great Britain Theresa may, the government of the Kingdom is confident that will be able to get a good deal on trade, retaining more loose and comfortable. The talks to be held on the eve of the EU summit on June 28-29.

Juncker: enough to demonize Russia

The President of the European Commission Jean-Claude Juncker, said about the need to restore relations between Europe and Russia, and called for an end to the demonization of the Russian Federation.

The head of the EC stated at the conference “Re-energising Europe – Now!”, held in Brussels on 31 may. In the course of answering questions after his speech, Juncker, in particular, declared that Europe (“we”, in keeping with the theme of the conference – approx. ed.) should restore relations with Russia, despite the existing differences and discrepancies:

“I think we should restore relations with Russia. I’m not really happy with the condition of our relations with Russia. We will not accept what Russia has done in Crimea and in Eastern Ukraine. But, nevertheless, we must note that the entire area of the European Union approximately 5.5 million sq. km Area of Russia is 17.5 million sq. km. What can there be questions?

So I think we should go back, I wouldn’t say to normal relations with Russia, but there are so many areas in which we can better cooperate in research, innovation and others. Not forgetting about our differences and divergences. But this demonization of Russia must cease.”

Contrary to the comments of a number of media Juncker not to “exaggerate the area of Russia in 5 times”. Nevertheless, the EC President still made a mistake in the assessments area of the EU and the Russian Federation, substantially inflating the figures for the EU countries, whose total area is 4,475 million sq km (instead of 5.5 million square km). Jean-Claude Juncker also “added” Russia: instead of 17,125 million sq km (including the Republic of Crimea and Sevastopol city), he called the figure of 17.5 million sq. km.

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