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In Foreign Affairs

Trade agreement is only a foundation of the future relationship

26th December 2020 David Stevenson

Trade agreement is only a foundation of the future relationship Pin It

The trade agreement between the United Kingdom and the European Union will ‘have a profound impact on people, businesses and public authorities’. That is what David McAllister, the German chairman of the special Brexit committee in the European Parliament, said to the German newspaper Die Welt. ‘Trade between the EU and the UK will not be as smooth as when we were both part of the internal market and the customs union,’ he said.

In addition, according to the Christian Democrat group, there is no agreement on foreign policy cooperation in the agreement. ‘I was satisfied that the negotiations also dealt with the question of foreign policy and security. That’s not what London wanted,” says McAllister. However, the German would have liked to see more cooperation in these areas.

The House adopted a non-binding resolution calling on the commission and the member states to take all necessary steps to ensure that the agreement is implemented as soon as possible.

“We have a political responsibility to avoid a non-regulated transition and to minimise the negative impact on citizens and businesses.’In his view, the agreement can also enter into force in the first instance without the consent of the European Parliament. “But this should not set a precedent for future trade agreements.”

According to the BBC, the European Parliament will not vote on the trade deal before the end of the year. The agreement will be in force for the time being until the vote.

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