UK Trade with EU

Question

We are fully focused on making the UK’s exit from the EU, and our new trading relationship with the world, a success. We have set out proposals for an ambitious future trade and customs relationship with the EU, in which we will look to minimise the regulatory barriers for both goods and services. We want to agree the greatest possible tariff- and barrier-free trade with our European neighbours.

But there will be areas that affect our economic relations where we and our European friends may have different goals; or where we share the same goals but want to achieve them through different means. We recognise that the single market is built on a balance of rights and obligations, and so our task is to find a new framework that allows for a close economic partnership but holds those rights and obligations in a new and different balance.