Cowabunga
Member
- Location
- Ceredigion,Wales
They will soon see which side their bread is buttered and it won't be on the UK side.The BIG issue with state aid, (which by the way is part and parcel of all trade agreements to prevent one side using it to unfair advantage,) in this case is to do with NI.
Since NI, will remain within the customs union, and UK mainland won’t, the EU wants to prevent major mainland companies from using NI to get a de facto footprint within the customs union. EU wants to put a constraint on UK government from using state aid both financial and regulatory, to prevent abuse of this possible strategy.
NI is actually going to be in a great economics position going forward, assuming they raise their eyes, to directly servicing the EU market. They should be able to attract business from mainland state aid or no state aid.