UK trade Archives - Iran News Daily https://irannewsdaily.com/tag/uk-trade/ Mon, 24 Feb 2020 08:33:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png UK trade Archives - Iran News Daily https://irannewsdaily.com/tag/uk-trade/ 32 32 Johnson to Start Trade Talks with the US https://irannewsdaily.com/2020/02/johnson-to-start-trade-talks-with-the-us/ https://irannewsdaily.com/2020/02/johnson-to-start-trade-talks-with-the-us/#respond Mon, 24 Feb 2020 08:33:46 +0000 https://irannewsdaily.com/?p=106522 TEHRAN (Iran News) – British Prime Minister Boris Johnson is ready to begin trade talks with the US within the coming fortnight, according to a report. The move towards a free trade deal with the US comes amid frustration in Downing Street with the speed of talks between Johnson administration and the EU. Next week […]

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]]> TEHRAN (Iran News) – British Prime Minister Boris Johnson is ready to begin trade talks with the US within the coming fortnight, according to a report.

The move towards a free trade deal with the US comes amid frustration in Downing Street with the speed of talks between Johnson administration and the EU.

Next week Johnson will publish the government’s “red lines” for negotiations next week, according to The Daily Telegraph.

These are expected to include a push back against US demands for its pharmaceutical firms to have greater access to the UK market.

Another issue could be Britain’s stance on food and agricultural standards.

On Sunday Environment Secretary George Eustice dismissed fears that chlorinated chicken and hormone-injected beef could be rolled out in UK supermarkets.

Eustice told Sky News’ Sophy Ridge on Sunday “we won’t make any moves on our standards”.

Johnson is to meet US President Donald Trump in June.

Meanwhile, the UK will set out its demands for a trade deal with the European Union on Thursday, along with a plea that the bloc should not “waste time”.

Ministers are expected to seek a Canada-style agreement with zero tariffs in the negotiating mandate.

But French President Emmanuel Macron has expressed doubt that a deal could be struck by 31 December, the end of the Brexit transition period.

Macron said on Saturday that he expected talks to be tense, with fishing rights a key point of contention.

He said: “Boris Johnson has a card in his hand and it is fishing and with that, he will try to gain access to the market.”

A Downing Street source told the Telegraph: “We left the EU on the 31 January in line with the referendum result.

“We regain full independence for the people of the UK at the end of this year: the negotiation is about defining the terms on which we do that.

“As a wise man once said, please don’t waste this time.”

The words were previously spoken by the then European Commission president Donald Tusk in April last year when the UK was given an extension until the end of October for Brexit. A further extension was needed until the end of December 2019.

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]]> https://irannewsdaily.com/2020/02/johnson-to-start-trade-talks-with-the-us/feed/ 0 Macron: EU, UK trade deal not possible before end of 2020 https://irannewsdaily.com/2020/02/macron-eu-uk-trade-deal-not-possible-before-end-of-2020/ https://irannewsdaily.com/2020/02/macron-eu-uk-trade-deal-not-possible-before-end-of-2020/#respond Mon, 24 Feb 2020 06:02:42 +0000 https://irannewsdaily.com/?p=106512 TEHRAN (Iran News) – French President Emmanuel Macron on Saturday said he was “not sure” it would be possible for the European Union and the UK to reach a trade deal by the end of the year. The UK and the EU are about to embark on negotiations aiming to hammer out a trade agreement […]

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]]> TEHRAN (Iran News) – French President Emmanuel Macron on Saturday said he was “not sure” it would be possible for the European Union and the UK to reach a trade deal by the end of the year.

The UK and the EU are about to embark on negotiations aiming to hammer out a trade agreement by the time the post-Brexit transition period shuts at the end of December, according to the AFP report of Emmanuel Macron.

But France has made clear it thinks the negotiations will be particularly difficult, especially in such a tight timeframe.

“I am not sure that an agreement will be reached between now and the end of the year,” Macron said at a meeting with fishermen, who are concerned for their livelihoods after Brexit, at an agricultural trade event in Paris.

“Anyway, it is going to become tenser because (the British) are very hard,” he said, adding that fishing rights would be a key point of contention.

Britain formally ended its 47-year membership of the EU on January 31, nearly four years after a majority voted to leave the bloc in a 2016 referendum.

France and several other countries want to be able to keep fishing in British waters, while London wants full autonomy and limited access for European fishermen.

The EU’s chief negotiator Michel Barnier has said the EU’s top priorities are fishing, security and maintaining fair trading conditions for European companies.

He has also firmly rejected a British suggestion that the City of London companies could be given broad, permanent access to EU markets without conditions.

Overall, French fishing boats generate 30 percent of their revenue from catches in British maritime territories, particularly rich in fish stocks.

French officials say that the UK exports the bulk of its catch to Europe, indicating that British fishermen have plenty to lose if the two sides fail to reach a deal.

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