Brexit may be done but EU-UK trade talks could be even more complicated – The National

Brexit may be done but EU-UK trade talks could be even more complicated – The National

There are difficult negotiations ahead as the UK goes its own way while trying to preserve links with its biggest trading partner, covering everything from tariffs and product standards to the British industry's ability to recruit foreign workers and the EU's access to UK fishing grounds.. The EU accounted for 53 per cent of Britain's imports and 45 per cent of its exports in 2018, according to a UK government paper published last month.. Banks and insurance companies are lobbying to maintain access to the lucrative European market.. The EU has already made clear that the price of access to its markets is continued adherence to the bloc's regulations.. Trade negotiations, which are always complex, will be even more complicated because simultaneous negotiations will be taking place with both the EU and the US, think tank researcher Rutter said.. In an effort to protect the peace process in Northern Ireland and win approval for his EU withdrawal deal, Mr Johnson agreed that Northern Ireland would keep the same rules as the bloc's single market for goods after Brexit.. Customs checks won't be needed on the border between Northern Ireland, which is part of the UK, and the Republic of Ireland..