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Old 27-04-2021, 21:35   #758
Sephiroth
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Re: Britain outside the EU

Now the real fun begins:

https://www.telegraph.co.uk/politics...aign=DM1401308 (Paywall)

Quote:
Ursula von der Leyen warns EU could hit UK with tariffs over Northern Ireland row
MEPs brand Brexit a 'historic mistake' before voting to ratify the UK-EU trade deal in Brussels

The European Commission president said that Brussels would not hesitate to hit Britain with trade tariffs if it failed to implement its commitments in Northern Ireland, before the European Parliament voted to ratify the deal in the final step of the years-long Brexit negotiations.

The European Commission president said enforcement mechanisms in the deal were “essential” to ensure the UK complied with level playing field rules in the trade deal and the Withdrawal Agreement, which includes the Northern Ireland Protocol.

Mrs von der Leyen’s warning came as France, embroiled in a row over fishing licences with the UK, said the EU would hit sectors such as financial services with tariffs if the UK did not properly implement the Brexit fishing agreement.

The trade deal has a dispute mechanism that can lead to tariffs being imposed if one side diverges too far from agreed common standards. The agreement’s enforcement measures also allow for cross-cutting retaliatory tariffs in a specific sector as a result of a dispute in another.

Mrs von der Leyen said, “This agreement comes with real teeth with a binding dispute settlement mechanism and the possibility for unilateral remedial measures were necessary. And let me be very clear. We do not want to have to use these tools, but we will not hesitate to use them if necessary.”



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