The European Parliament is expected to ratify the post-Brexit EU-UK trade deal – a key mov`e to ensure that tariff-and quota-free trade continues.
The Trade and Co-operation Agreement (TCA) has been operating provisionally since January. MEPs voted and a result is due.
Brexit tensions remain, including a French threat of “reprisals” against the UK over new fishing restrictions. Northern Ireland trade is also a thorny issue.
Under a separate protocol, Northern Ireland remains de facto part of the EU’s single market, so goods arriving there from Britain have to undergo EU checks. Since Brexit there has been some disruption to that trade.
The TCA covers EU-UK trade in goods, but not services. The UK economy is dominated by services – sectors such as banking, insurance, advertising and legal advice.
