Britain wants a durable relationship with the European Union for 'decades t...
LONDON - Britain wants a durable relationship with the European Union for “decades to come” in financial services as part of a new free trade agreement with the bloc, Britain’s finance minister Sajid Javid said on Tuesday.
“If the EU, like us, wants a durable relationship, we should also include measures to directly address the long-term needs of industry for a reliable equivalence process,” Javid said in an article in City AM newspaper. Equivalence only covers some financial activities, basic banking is excluded, and Brussels can in theory scrap access with just 30 days notice in some cases.
“This is important not only in the short term, but to establish the norms and ways of working with the EU that will endure for decades to come,” Javid said. An unverified photo of a government briefing paper on equivalence taken outside Javid’s Downing Street office by PoliticalPics on Monday spoke of “comprehensive, permanent equivalence decisions” as an opening position for Britain.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Swiss government warns against cancelling EU free-movement pactThe Swiss government on Tuesday urged voters to reject a referendum push by the ...
Baca lebih lajut »
UK plans to introduce border controls on EU goods after post-Brexit transitionBritain plans to introduce import controls on European Union goods at the border...
Baca lebih lajut »
Cramer bets on his birthday that Apple's next decade could be as successful as its past 10 yearsApple is currently the most valuable U.S. company at a $1.4 trillion market cap after a huge stock gain of more than 1,000% over the past decade
Baca lebih lajut »
See iconic Oscar dresses from past decades — and explore them in ARExperience standout Oscar dresses from the last five decades, including Farrah Fawcett's disco dress and Billy Porter's tuxedo gown, in augmented reality.
Baca lebih lajut »
How Kurt Russell And Goldie Hawn Remain One Of Hollywood’s Most Enduring CouplesKurt Russell isn’t married to Goldie Hawn, yet their relationship has lasted decades longer than many celebrity romances.
Baca lebih lajut »
Trump to propose sweeping cuts to foreign aid, safety net programs in latest budgetPresident Trump will propose slashing social safety net programs and a 21% cut in foreign aid in his 2021 budget proposal on Monday, senior admin. officials say.
Baca lebih lajut »