- UK-EU discussions over potential reentry and closer trade ties
- A proposal seen with top officials suggests Britain rejoin the EU single market, alongside a willingness to redefine its relationship with Europe.
EU Council authorizes negotiations for UK re-entry into single market
- Reports
- 36
- Developments
- 14
- Repetition
- 64%
New informationRepeats or wire copies
What happened
The European Union Council authorized negotiations for two agreements covering UK participation in the electricity market and a British contribution to reduce regional disparities. A draft text for a new EU-UK deal also proposes removing post-Brexit customs checks on the vast majority of agri-food products sold between Britain and the European Union.
From econotimes.com, irishtimes.com
Why it matters
The accumulated cost of cutting links with Europe is estimated at 6-8% of GDP. The negotiations seek to balance rights and obligations, potentially easing regulatory burdens and boosting UK exporters' ability to sell products into the EU single market.
A proposal suggests Britain rejoin the EU single market, alongside a willingness to redefine its relationship with Europe.
Who's involved
- Andy BurnhamBritish politician leading the push for UK re-entry and negotiations with Europe.
- EuropeThe continental bloc whose single market and electricity market are central to the negotiations.
- Jukka SalovaaraFinnish diplomat whose high-stakes talks are impacted by the UK partner's questioning of the EU foundation.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- finance ministrySpeculative
The finance ministry could face regulatory action related to the new EU/UK trade and industrial regulations.
- euroSpeculative
The euro might experience direct market price impact due to currency fluctuations.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- European Commission may adjust rules if UK seeks EU re-entryThe European Commission may need to adjust its regulatory framework to manage UK re-entry talksPossible
- Labour may redefine its manifesto over UK's future in EuropeThe Labour Party may redefine its manifesto over UK's future in Europe.Possible
- New EU deal may force finance ministry to overhaul trade policyThe finance ministry would need to overhaul industrial and trade policies to align with EU standards.Possible
How it developed
Newest first. Tap a step to see who reported it.The EU Council authorized negotiations, with drafts seeking a pledge from London regarding deportations.1 source
Treasury forecasts high Brexit costs as Burnham reopens UK-EU relations.1 source
Burnham hinted at a possible return to the EU amid discussions by EU leaders on the UK relationship.1 source
Burnham seeks a new EU deal, with Haldane discussing potential and a PM meeting scheduled in NYC.1 source
Burnham will meet EU chief in Brussels to discuss easing food movement and restoring EU ties.1 source
Lescure urges UK EU rejoining after Burnham warns EU rules could harm UK industry.1 source
Lescure invites UK back to EU bloc; Burnham warns EU rules damage UK industry.1 source
Burnham links UK rejoining Europe to the EU's catastrophic financial situation.1 source
Show 6 earlier steps
- Burnham proposed UK rejoining the EU during a meeting with Macron in Madrid, while Sánchez commented on the departure.Sub-event
Andy Burnham has pledged to explore options regarding the future relationship between the UK and Europe.1 source
Burnham's government questions EU relationship while Salovaara is EU ambassador to the UK.1 source
Ed Miliband joins senior figures demanding deeper UK ties with the EU.1 source
Burnham and Swinney call for governmental cooperation to reset Brexit.1 source
Burnham must now negotiate the UK's re-entry into the EU.1 source
Keep exploring
The entities involved
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Andy Burnham
British politician (born 1970)
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Europe
terrestrial continent located in north-western Eurasia
Related events
- Andy Burnham called for closer ties between the UK and the European Union.
- Andy Burnham plans a UK-EU summit in Brussels as part of his effort to reset UK-EU relations.
- Brussels insists on UK ditching the pound for EU rejoining, while political figures debate the terms.
- Andy Burnham attends a summit in Brussels as reports highlight how Brexit red tape is stifling growth in Europe.
- Calls are being made on Andy Burnham's government to intervene regarding the negative impacts of EU rules on UK manufacturing, specifically the automotive sector.
Coverage
Newest first; wire copies grouped- connexionfrance.com
- econotimes.com
- irishtimes.com
- theguardian.com
- leftfootforward.org
- channel4.com
- thewestonmercury.co.uk
- euobserver.com
- euobserver.com
- aol.co.uk
- dailymail.com
- dailymail.com
- londonlovesbusiness.com
- bbc.co.uk
- aol.co.uk
- el-balad.com
- aol.co.uk
- bbc.co.uk
- dailymail.com
- aol.co.uk
- thefrontierpost.com
- dailymail.com
- dailymail.com
- heraldscotland.com
- independent.co.uk
- timeshighereducation.com
- heraldscotland.com