UK Politics By Reality Check team BBC News 4 April 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/uk-politics-47800828 Read more about sharing. These are external links and will open in a new window Close share panel Related TopicsReality Check Sir Oliver Letwin told BBC News on Wednesday morning: "I think it … [Read more...] about Can you have frictionless trade in a customs union?
Turkey eu customs union
THERESA May repeatedly pledged that Britain will leave both the customs union and the single market after Brexit. The Prime Minister promised to strike a free trade agreement with the EU after the transition period. Here's what you need to know. What is the EU customs union? The EU customs union is a free trade agreement for goods. It differs from the single market which also includes free movement of labour, services and capital. The European Union's customs union is a trade agreement between all EU member states and three other countries - Turkey, Andorra and San Marino - which allows goods to be shipped all around the EU as long as they clear customs in one participating country. The countries sit down and decide to apply the same tariffs to goods from outside the union. Britain's membership of the customs union stops us negotiating free trade agreements with other countries - a key campaign pledge of the successful Leave campaign during the EU referendum in 2016. Leaving has the … [Read more...] about EU customs union – what is it and will the UK stay in it now a No Deal Brexit is dead?
AHEAD of the 2016 referendum, Brexiteers urged voters to “take back control of our laws, borders and money”. The majority in favour, often described as “slim”, was 1.3million — bigger than the population of Birmingham, the UK’s second-largest city. Since then, our Remainer-stuffed Parliament has pulled every trick in the book to keep us as close to the European Union as possible. And now MPs want Britain to stay inside the customs union, the EU’s most important legal construct, while claiming they “still respect the referendum result”. This is abject nonsense. The customs union is enshrined in the 1957 Treaty of Rome, the EU’s legal bedrock. The EU is, in essence, the customs union. Being inside but nominally outside the EU — as our power-crazed, economically illiterate MPs now demand — is the worst of all worlds. The UK would then be like Turkey, ensnared within the EU tariff structures but with no say. EU members … [Read more...] about Remainers may want to keep us as close to the EU as possible, but here are ten reasons to break down the customs union wall
Labour has vowed to continue to push for its own alternative Brexit proposals, including a customs union, after Theresa May’s withdrawal agreement was heavily defeated last night. MPs rejected the prime minister’s deal by 149 votes, forcing another vote today on whether to block a no-deal exit before 29 March. An announcement this morning that the government would temporarily slash tariffs to zero for 87% of imports in the case of no deal will “put the wind in the sales” of the Labour party and rebel Tories who back a customs union, says ITV News. May has repeatedly ruled out remaining in the trade bloc, but hoped the threat of a softer Brexit would win over wavering Brexiteers ahead of yesterday’s meaningful vote, reports The Guardian. Conservative chief whip Julian Smith even suggested to MPs that a permanent customs union was the most likely outcome should May’s deal be defeated, as parliament would take control of the process and there was … [Read more...] about The pros and cons of leaving the EU customs union
As much as the update of the customs union with the European Union (EU) is important for Turkey, it is of the same importance for Malta, according to Vice President Fuat Oktay. In his address at the Turkey-Malta Business Council organized by the Foreign Economic Relations Board (DEİK) in Istanbul Wednesday, Oktay said that EU countries are key economic partners for both countries, indicating that with the update of the customs union with the EU, Maltese companies would be able to access more products from the Turkish market at more affordable prices. The modernization of the customs union agreement between Turkey and the European Union has been on the agenda of bilateral meetings for more than two years now. Although both sides have expressed the will to take steps to update the agreement, as it will be advantageous for both sides, no concrete development has so far been observed; yet, efforts to maintain diplomatic dialogue continue with particular insistence on the benefits it … [Read more...] about Customs union modernization of equal importance for Turkey, Malta