EPC: Vox, bank capital, drawdown

02 July 2020

Negotiations of the post-Brexit agreement has stalled. The British still seem to be fighting the Brexit referendum campaign. The EU reacts with orthodox positions to defend the single market.

But a compromise is possible. Free and fair trade requires joint governance based on mutual trust and strong institutions. The UK should accept the overall architecture proposed by the Commission. In return, it will get the zero tariff deal it wants. The difficult bit is to devise mechanisms to manage divergence as and when it comes. Here the role of the specialised committees will be crucial. Andrew Duff suggests how the system should operate.

Read the full paper here

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