Government agrees on Brexit plan
So basically the UK will relabel everything and make some non-meaningful minimal changes to the regulations to show that they've asserted their sovereignty.
So basically the UK will relabel everything and make some non-meaningful minimal changes to the regulations to show that they've asserted their sovereignty.

), but it would be an ideal outcome. There's no point changing regulations that work. We'll diverge as needed through mutual recognition and an appropriate dispute resolution mechanism. Mutual recognition, not equivalence. This is significant. However, I really can't see the EU swallowing it. They will instead argue that it involves "cherry picking" of regulations. Indeed, they've already done so. However, there's very little space in between mutual recognition with an independent dispute resolution mechanism and WTO terms (if they don't accept this approach).

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