EU Deals with other countries

EU Deals with other countries

EU-Japan. While we are doing a deal with the EU and others, the EU has just done a deal with Japan that will cover 600m people and around 30% of global GDP. Dubbed 'cars-for-cheese' deal the EU slashes import taxes on cars, while Japan reduces tariffs on dairy products, wine and meat. After 4 years and 18 rounds of negotiation, It will come into final effect, at the same time as we Brexit - March 2019.

EU-Mercosur ('Southern Common Market' - most of S.America). Irish Farm President says EU Commisioner cannot agree bad deal for EU farmers, calling on her to "reject the environmental destruction, failures on food safety and animal welfare, and slave labour associated with Brazilian beef". "Concerns over beef, ethanol, sugar and poultry were mentioned in letter to EU, which cautioned against the quotas on the table (beef 70,000 tonnes - down from 100,000, ethanol 600,000t) and signed by Austria, Belgium, France, Hungary, Ireland, Lithuania, Luxembourg, Romania, Poland, Slovakia, and Slovenia. The European Commissioner for Trade Celia Malmstrom is pressing for a deal - that has been ongoing for nearly 20 years. Mercosur want capacity to export more beef in particular in return for reducing taxes on imports from EU - like machinery, pharmaceuticals, and electronics. This is an example of exactly the sort of trade deals we are going to have to make in the future.

EU starts Negotiating deals with New Zealand and Australia - ahead of any possible UK deal with them.