“It’s disappointing that the decision to convert existing EU laws is again being justified in terms of continuity and certainty. Instead, Brexit should provide an opportunity to reduce the burden of regulation on UK households and firms alike.
“It’s also disappointing that the default option in the event of no agreement is being framed in terms of the most pessimistic WTO scenario, ignoring any benefits that might come from unilateral free trade. The UK will have the opportunity to lower barriers that prevent our consumers and businesses from accessing the best and cheapest goods and services, wherever they come from. What’s more, we should consider doing so even if other countries – including the rest of the EU – continue to embrace protectionism.
“However, it’s welcome the commitment to a quick agreement on reciprocal rights for people from the rest of the EU already living and working here and for UK citizens on the continent. Now that Article 50 has been triggered there is no longer any excuse for either side to delay. Indeed, this will be an early test of the willingness of politicians in the rest of the EU to put the interests of ordinary people above their own narrow political projects.”
Notes to editors:
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