Tuesday 20 February 2018

Davis Suggests EU Regulations to be replaced by Equivalent UK regulations? Meetings at SJIC

David Davis's speech in Vienna outlined his view on the future relationship with the EU. Aiming to allay concerns about a potential race o the bottom in terms of regulations and prices, Davis presented a surprising revelation. EU Regulations will be replaced by bigger and better UK regulations. This should allow continued free trade with the EU. (see the full text of the speech here: http://brexitcentral.com/full-text-david-daviss-road-brexit-speech-delivering-future-economic-partnership/)

This is apparently entirely consistent with Boris Johnson's statement when answering a question in Parliament

“There is no reason whatsoever why we should not be able to exit both the customs union and the single market, whilst maintaining frictionless trade not only north-south in Northern Ireland, but with the rest of continental Europe as well.”

Davis's views might be optimistically regarded as meeting the requirement for "full regulatory autonomy" for the UK after March 2019, demanded in a letter by more than 60 MPs to Theresa May. More likely is however that this will actually anger the hard brexit supporters in the Conservative Party, who do indeed want the freedom to cut regulations and red tape.

This has been the third aspirational Europe speech (Johnson, May, Davis). The EU is still waiting for the fine print that firms up the sentiments expressed.

I walked over to the St John's Innovations Centre Bistro today for a manuscript review meeting with an author. We made good progress. As i attempted to leave, I was struck by the familiar phenomenon at SJIC of meeting others that I knew and having short catch up conversations.After a more admin related afternoon, I began fleshing out the planned presentation to the U3A on Friday.

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