The mandate says that Britain has left the bloc with the same rules as in the EU, thereby providing a “strong basis” for concluding the assessments on time. ![]() “The agreement should include legally binding obligations on market access and fair competition,” the document said.īritain also wants arrangements to allow regulators on both sides to co-operate and build “enduring” confidence that can deal with rules as they evolve. FINANCIAL SERVICESīritain said it wants legally binding obligations on access to the EU financial market coupled with arrangements for maintaining trust as rules evolve.Ī trade deal with the bloc should provide a “predictable, transparent and business-friendly environment” for cross-border financial services activities, Britain said. The two sides have until June to get what London’s negotiating team called “the broad outline of an agreement” to be finalised by September, otherwise Britain would head for an Australian-style agreement, a looser trading arrangement. ![]() Here is a link to the mandate document: hereīelow are some of the key sections: TIMING FILE PHOTO: Participants hold a British Union flag and an EU flag during a pro-EU referendum event at Parliament Square in London, Britain June 19, 2016.
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