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Old 07-02-2018, 09:24   #1968
jonbxx
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Re: Brexit discussion

Do you remember TTIP? The US and US have been working on a trade agreement for a number of years but significant issues remain. Here's an excerpt from the joint US/EU status report;

Quote:
We still have significant work to do to resolve our differences in several important areas of the
negotiations, inter alia, how to treat the most sensitive tariff lines on both sides; how to expand
and lock in market access in key services sectors; how to reconcile differences on sanitary and
phytosanitary measures; how to encourage the recognition of qualifications to facilitate licensing
of experienced professionals; how to improve access to each other’s government procurement
markets; how to address standards and conformity assessment procedures in ways that yield
greater openness, transparency, and convergence, reduce redundant and burdensome conformity
assessment procedures, and enhance cooperation; how best to achieve our shared objective of
providing strong investor protection while preserving the right of governments to regulate,
including with respect to dispute resolution mechanisms; how to reflect our shared commitment
to including strong and effective disciplines on labour and environmental protection; how to
structure commitments on data flows that will reinforce the essential electronic commerce and
digital infrastructure of our economic relationship while respecting legitimate concerns about
protecting privacy; how best to promote transparent, open, and secure energy markets; and how
to reconcile differences in our approaches to trademarks, generic names, and geographical
indications. On these and other challenging issues, our work over the past three years brought
greater clarity to our differences and enabled us to explore avenues for reconciling them.
As for China, again, there have been talks but the issues with China include;

Quote:
- a lack of transparency
- industrial policies and non-tariff measures that discriminate against foreign companies
- strong government intervention in the economy, resulting in a dominant position of state-owned firms, unequal access to subsidies and cheap financing
- poor protection and enforcement of intellectual property rights
So yes, there aren't agreements with the US and China, but there are reasons why and the EU is clear why.

Here's the EU page on US trade - http://ec.europa.eu/trade/policy/cou...united-states/
And trade with China - http://ec.europa.eu/trade/policy/cou...untries/china/
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