久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

Urgency on trade deals could weaken UK's hand

By Earle Gale in London | China Daily Global | Updated: 2020-08-17 11:03
Share
Share - WeChat
File photo: European Union and British flags flutter in Berlin, Germany, April 9, 2019. [Photo/Agencies]

The United Kingdom and Japan are edging toward a trade deal to replace the one they had when Britain was in the European Union and a party to an arrangement between the bloc and the Asian nation.

The new deal will be similar to the old one, with a tweak here and a caveat there, and is expected to be inked within the month.

But with the UK having promised its citizens a flurry of such post-Brexit trade deals, and with no others on the horizon six months after the nation's Jan 31 exit, critics wonder what went wrong.

And if straightforward deals are so hard to find, they say, what hope can there be for a long-awaited deal with China-the world's second-largest economy?

The authors of a new report think they know what happened.

In the report, "Trade and Regulation After Brexit", the think tank Institute for Government said the UK wasted three years and failed to decide what it wanted from negotiations.

A lack of decisiveness, coupled with increasing desperation to deliver deals, means the UK could "easily fall victim" to other nations that will threaten "to collapse …talks if they do not get what they want", the study's authors said.

The UK could be "pushed into making concessions it shouldn't", which would make it vulnerable to challenges at the World Trade Organization, they added.

James Kane, the report's main author, said: "The UK's domestic regulatory system is internationally recognized as excellent. But the government risks compromising it by rushing into trade negotiations unprepared."

The newspaper Independent said a recent dispute between London and Washington about whether the United States should be allowed to sell chlorinated chicken in the UK-a dispute that stalled a proposed US-UK trade deal-will be played out again and again as the UK is pressured into accepting things it doesn't like.

Maddy Thimont Jack, a senior researcher for the study, said: "Three years ago, we warned that the government had not set up the necessary structures for effective decision-making on key trade policy issues. The government did not heed that warning then, but it now needs to move urgently to put them in place. Otherwise, it will find itself losing control of trade and regulatory policy to better-prepared partners."

The newspaper Evening Standard said a promise from Cabinet minister Michael Gove that the UK would, once out of the EU, be able to reward farmers for using fewer chemicals is the sort of thing that is under threat.

The paper said that, for example, imports of crops grown cheaply because of the use of bee-killing pesticides grudgingly allowed under the terms of a future trade deal would pressure UK farmers to do the same.

With the UK's current high standards at risk if the wrong deals are struck, the UK sits deadlocked with the EU. Talks with the US are also in a quagmire, while those with most other nations haven't begun.

The lack of progress is in stark contrast with the words of Brexit-supporting Prime Minister Boris Johnson, who said when trying to muster support for his vision of a UK outside the EU: "I think there is a huge opportunity. Do free-trade deals, believe in ourselves."

The Treasury has since admitted a trade deal with the US would add just 0.2 percent to the UK's GDP, and a pending deal with Japan would likely be worth no more than 0.07 percent.

The loss of the deal the UK had with the EU is expected to cost around 5 percent.

The Department for International Trade is putting a priority on deals with the EU, the United States, Japan, Australia and New Zealand.

It believes that a deal with the EU could weigh in at £673 billion ($881 billion), and one with the US could be worth £233 billion, while a deal with Japan could be worth £30 billion; Australia, £18.6 billion; and New Zealand, £3 billion.

According to the UK's Office for National Statistics, China, as the UK's third-largest export market in 2019 after the US and EU, accounted for 4 percent of exports at a value of £31 billion.

CNN Business said the UK's decision to ban Huawei from participating in its 5G networks endangers that relationship-which saw Britain become, in 2015, the first major Western economy to join the Asian Infrastructure Investment Bank, and London become a major hub for renminbi trading.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲国产日韩a在线亚洲 | 精品久久久久久亚洲 | 男女福利 | 亚洲 欧美 视频 | 久久免费精品视频在线观看 | 寡妇野外啪啪一区二区 | 国产黄网站 | 看国产一级片 | 免费一级肉体全黄毛片高清 | 亚欧美| 欧美日韩成人午夜免费 | 欧美片能看的一级毛片 | 国产在线91精品天天更新 | 国产在线视频网址 | 手机看片在线播放 | 中文字幕亚洲欧美日韩不卡 | 毛片免费看看 | 亚洲爽| 久久狠狠| 草草影院欧美三级日本 | 激情欧美一区二区三区 | 欧美理论大片清免费观看 | 日韩美a一级毛片 | 老司机免费福利午夜入口ae58 | 日本加勒比在线播放 | 精品国产一区二区三区不卡蜜臂 | 亚洲综合91 | 手机看片国产欧美日韩高清 | 91福利国产在线观一区二区 | 永久免费毛片手机版在线看 | 亚洲欧美国产精品 | 丝袜足液精子免费视频 | 国产一区二区三区四区五区tv | 亚洲精品一区二区中文 | 午夜一级成人 | 欧美成人福利视频 | 黄色网址网站在线观看 | 长腿校花被啪到腿软视频 | 中文在线观看视频 | 狠狠色丁香婷婷综合小时婷婷 | 精品中文字幕不卡在线视频 |