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EU preparing to give UK worse trade deal terms than Canada or Japan
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EU preparing to give UK worse trade deal terms than Canada or Japan
The Telegraph: The European Union is preparing to offer the UK a trade deal on tougher terms than its deals with Canada, Japan and a host of other leading trade partners, The Telegraph has learned.
In what will be seen by industry as an unusually harsh move, the European Commission has warned EU member states that it would be a mistake to allow some UK industry bodies to be allowed to certify that goods conform to EU standards.
The so-called Mutual Recognition Agreements (MRAs) are granted to other key EU trade partners to facilitate the smooth movement of goods in key sectors, but could be withheld from the UK if it only seeks a basic trade deal.
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