ollie989898
Member
Reuters | Breaking International News & Views
Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
uk.reuters.com
BRUSSELS (Reuters) - The European Union’s central interest in forging a free trade agreement with Britain is to agree common social and environmental standards and avoid a “race to the bottom”, the EU chief Brexit negotiator wrote in an opinion piece.
British Prime Minister Boris Johnson said on Friday there would be no alignment with EU rules under the terms of a trade deal he wants to strike with the bloc next year.
The EU’s negotiator Michel Barnier wrote in a piece on the Project Syndicate website dated Dec. 20 that the European Union would seek to make the most of the short time available.
“But like the UK, we will keep our strategic interests in mind,” Barnier wrote.
“We know that competing on social and environmental standards – rather than on skills, innovation, and quality – leads only to a race to the bottom that puts workers, consumers, and the planet on the losing side.”
You have to love this sudden focus on environmentalism. Please, someone explain what need Europe might have for this project, if we are so focused on being carbon neutral?
Reuters | Breaking International News & Views
Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
uk.reuters.com
MOSCOW (Reuters) - The group behind Nord Stream 2 said on Saturday it aimed to complete a pipeline to boost Russian gas supplies to Europe as soon as possible, after U.S. sanctions prompted a major contractor to suspend pipe-laying activities.
U.S. President Donald Trump signed a bill on Friday that included legislation imposing sanctions on firms laying pipe for Nord Stream 2, which seeks to double gas capacity along the northern Nord Stream pipeline route to Germany.
Washington, which has been seeking to sell more of its own liquefied natural gas (LNG) to European states, has said Nord Stream 2 will make Europe too reliant on Russian supplies.
Gazprom, Russia’s state-controlled gas giant and a major backer of Nord Stream 2, already supplies more than a third of Europe’s gas needs. The company declined to comment.