WE ARE THERE: AT THE SOUND OF ULTIMATUM WE ARE AT THE BREXIT AGREEMENT
We are now and the official announcement is expected from Downing Street: the announcement is almost ready, an official announcement is now expected, even if some details are still to be finalized.
Both sides made concessions:
- the Union has renounced the possibility of unilaterally imposing punitive duties if it considers that there are alleged violations of state aid rules or homogeneity of standards or the rule of law.
- the UK, while asserting its complete sovereignty over national seas, has accepted a transition period in which its fishing will be limited by quotas.
These are only parts of the agreements that are in the pipeline. As we have written, Johnson has warned the British parliament for approval on December 30th, while that of the Union will not meet, officially, before January 11th, and could decide a meeting the previous week. The agreement will then have to be approved by all national parliaments and problems could come from the two Belgians (Wallonia and Flanders have two separate parliaments …), from that of the Netherlands, from the French one and also from the east, due to the limitations to emigration to the United Kingdom.
Ultimately, to reach an agreement it was necessary to issue ultimatums to the Commission. Without this tactic, Barnier would have carried on the negotiations forever. Only the fear of a hard Brexit and the blocking of exports and fisheries to the detriment of the UK led to milder conditions. However, problems are still possible in the commercial exchanges between the two parties for the organization of information exchanges according to the new agreements, as all the data flow will have to be reorganized and this could take a few weeks.
The Brexit agreement will show the way forward to all those countries that want to leave the Union in the future.
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The article WE ARE: TO THE SOUND OF ULTIMATUM WE ARE AGREEMENT BREXIT comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/ci-siamo-a-suon-di-ultimatum-siamo-allaccordo-brexit/ on Thu, 24 Dec 2020 09:08:36 +0000.