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Howe: UK-EU Customs Union Would Be a "Disaster"
February 07, 2018
British barrister Martin Howe QC argues that a UK decision to remain in a customs union with the EU after Brexit would be a "political and economic disaster," requiring Britain to keep its rules and regulations governing the production of goods in line with those of the EU without having a say in the adoption of any new EU regulations.
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EU Document Denies UK Sovereign Status During Transition
February 07, 2018
Politico reports that negotiating text on a post-Brexit transition period between the UK and the EU drafted by the European Commission would require the UK to abide by all EU rules, deny the right of the UK to diverge from EU positions at international bodies, and refuse to recognize the UK Parliament as a "national parliament" during the period.
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UK May Face Dozens of New EU Laws During Brexit Transition
February 07, 2018
The Independent reports that, according to a document leaked from the UK government, at least 37 new EU laws could enter into force during the post-Brexit transition period during which Britain would continue to abide by EU regulations, including new rules on waste disposal, energy efficiency, and the location of euro clearing houses.
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Ireland Gains Allies in Opposition to EU Tech Tax Policies
February 06, 2018
In an interview with Reuters, Irish Finance Minister Paschal Donohoe asserts that other EU member states increasingly share his concerns with the economic impacts of potential European Commission (EC) tax policy changes aiming to capture more revenue from multinational tech companies.
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Downing Street Source: UK Will Leave EU Customs Union
February 06, 2018
The Independent reports that a source speaking for British Prime Minister Theresa May has insisted that the UK will "categorically" be leaving the EU customs union after Brexit, permitting the country to sign independent trade deals with other jurisdictions around the world.
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