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The EU Goods Sub-Committee publishes its report on what the EU-UK Trade and Cooperation Agreement (TCA) means for trade in goods.
The EU Services Sub-Committee has today published its report, Beyond Brexit: trade in services, which examines the future UK-EU relationship on trade in services.
'These slides are for presentational and information purposes only and we represented to the Council Working Party (Article 50) on 14 January 2020. The contents are without prejudice to discussions on the future relationship.'
"Rules of origin are the complex requirements that determine whether or not a product is produced ‘locally’ in the UK or the EU – its economic nationality. If it is not deemed to be sufficiently British, it may not qualify for these preferential tariff rates"
The so-called Most Favoured Nation (MFN) clause contained in several of the EU’s existing trade agreements, could also limit the extent of concessions granted by Brussels to the UK. / This Briefing Paper explains what the MFN clause is and why it could be problematic for the UK. It maps out which EU agreements contain MFN clauses, their scope and the various exceptions they contain.