China And The United States Want Brexit Guarantees

China and the United States want Brexit guarantees. A dozen countries, including China and the United States, fears to be worse off when the British leave the European Union.

 

The countries require a compensation scheme from Brussels, in documents of the World Trade Organization (WTO), according to the reports.

The authors of the document demand, among other things,

 certainty from the EU about how accountability is being delivered for future trade between the United Kingdom and the EU.

In doing so, they count on a discussion result that ensures the quality of trade between both camps.

WTO members are mainly concerned about access to markets.

If, for example, it is not permissible to sustain access at the current level,

 then the EU will have to come across the bridge with “adequate compensation” according to the documents.

Leave a Reply

Next Post

European Commission Investigates Booking Systems In Aviation

Sun Nov 25 , 2018
European Commission investigates Booking systems in Aviation. The European Commission will research reservation systems within the aviation sector.   In particular, the links between IT service providers Amadeus and Sabre on the one hand and airlines and travel agencies on the other hand are examined. Sabre and Amadeus are platform […]
Margrethe Vestager

You May Like

Quick Links