EU wants ambitious deal with UK, but insists it must be fair

BRUSSELS (Reuters) – The European Union wants an ambitious and comprehensive future partnership with Britain, but will demand commitments to ensure open and fair competition, according to the EU’s draft mandate for negotiations released on Monday.

The demand for a level playing field was the only section in bold of the 33-page document, which seeks zero tariffs and quotas.

The partnership should ensure the application of EU state aid rules to Britain, the document says, and uphold “high standards” on employment standards, climate change and “relevant tax matters”.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.