Brexit: BRITISH trade “difficult when the Irish border is not resolved” A free trade agreement aims to promote trade – usually with goods, but also sometimes with services – by making it cheaper. This is often achieved by reducing or eliminating so-called tariffs – taxes or taxes on cross-border trade. The UK-EU Comprehensive Free Trade Agreement is a draft free trade agreement between the UK and the European Union, which is expected to be signed before the end of the transition period in December 2020. [1] [2] As of October 31, 2020[update], there is no such agreement, and discussions on the continuation of the agreement. Under the EU-Canada Free Trade Agreement, as well as other advanced and developed free trade agreements, restrictions on the provision of services are limited. As with the WTO Services Agreement, concessions are ad hoc and very incomplete. Updated, with South Africa having signed the UK-SACU-M trade agreement. It is unlikely that the approval and approval of companies currently regulated within a single EU framework will be automatically recognised. It is unlikely that there will be automatic recognition of qualifications, freedom to practice professions and professions across borders. The UK government is working on new deals that will replace EU trade deals after Brexit. UK nationals and established businesses will not be able to increase treaty protection and other EU rights in order to remove technical and effective barriers to trade in EU Member States. Under EU law, there are both central contractual rights and detailed EU legislation that can be invoked in court or in the form of a complaint to the European Commission to combat the rules and practices of Member States that restrict or prevent the free exercise of transactions or services in another EU Member State. These safeguards will no longer be available to businesses established in the UK after Brexit.
There may be a full visa-free trip for social and recreational visits and under conditions for most commercial activities. However, it is unlikely that the establishment of a non-discriminatory presence and the provision of services in the EU is close to current rights. In view of the EU`s insistence that the four freedoms of movement are indivisible under the EU treaties, namely the free movement of goods, the free movement of people, the free movement of services and the free movement of capital, and in view of the UK`s opposition to the jurisdiction of the European Court of Justice and EU law for the purposes of the internal market , it is likely that UK citizens and established businesses will not enjoy freedom. to provide services, set up branches and subsidiaries and practise professions with, in or in other EU Member States.