Tensions overshadow EU vote on Brexit trade deal...

Dhaka, Sunday   09 May 2021

Tensions overshadow EU vote on Brexit trade deal

 International Desk daily-bangladesh.com

 Published: 10:49 PM, 27 April 2021  

Tensions overshadow EU vote on Brexit trade deal

Tensions overshadow EU vote on Brexit trade deal

The European Parliament is expected to ratify the post-Brexit EU-UK trade deal - a key move to ensure that tariff- and quota-free trade continues.

The Trade and Co-operation Agreement (TCA) has been operating provisionally since January. MEPs are expected to vote for it after 20:00 (18:00 GMT).

Brexit tensions remain, including a French threat of "reprisals" against the UK over new fishing restrictions.

Northern Ireland trade is also a thorny issue.

Under a separate protocol, Northern Ireland remains de facto part of the EU's single market, so goods arriving there from Britain have to undergo EU checks. Since Brexit there has been some disruption to that trade.

The TCA covers EU-UK trade in goods, but not services. The UK economy is dominated by services - sectors such as banking, insurance, advertising and legal advice.

The TCA has still resulted in more paperwork, extra costs and less trade between the two sides, since the UK left the EU.

Among the areas not covered by the deal are foreign policy, financial services and student exchanges.

DailyBangladesh/SA