Get down there, have a read: An “Ideal” US-UK Free Trade Agreement | IFT
Accidentally released early: https://www.cato.org/publications/wh...rs-perspective
Accidentally released early: https://www.cato.org/publications/wh...rs-perspective
It would remove tariffs and throw out the precautionary principle that has guided much EU regulation on GM foods, chlorine-washed chicken, hormones in meat, pesticides and chemicals in cosmetics.
Zero tariffs on all goods (agricultural commodities, primary industry resources, and manufacturing industry goods);
Zero discriminatory nontariff barriers, which means no discrimination by either party in the content or exercise of the laws, regulations, or practices affecting the provision of services of either party, including no restrictions on the entry of businesspeople in the conduct of the provision of business services;
Zero restrictions on competition for government procurement;
Zero restrictions on foreign direct investment in the economy;
Zero restrictions on cross-border data flow;
Elimination to the fullest extent possible of impediments to expeditious customs clearance procedures for both imports and exports;
Preclusion of the adoption of antidumping or safeguard measures between or among parties; and
Strict prohibitions against the use of nontariff barriers, such as performance requirements, restrictions based on scientifically unsubstantiated public health and safety concerns, and restrictions based on national security concerns that fail to meet certain minimum standards.
Zero tariffs on all goods (agricultural commodities, primary industry resources, and manufacturing industry goods);
Zero discriminatory nontariff barriers, which means no discrimination by either party in the content or exercise of the laws, regulations, or practices affecting the provision of services of either party, including no restrictions on the entry of businesspeople in the conduct of the provision of business services;
Zero restrictions on competition for government procurement;
Zero restrictions on foreign direct investment in the economy;
Zero restrictions on cross-border data flow;
Elimination to the fullest extent possible of impediments to expeditious customs clearance procedures for both imports and exports;
Preclusion of the adoption of antidumping or safeguard measures between or among parties; and
Strict prohibitions against the use of nontariff barriers, such as performance requirements, restrictions based on scientifically unsubstantiated public health and safety concerns, and restrictions based on national security concerns that fail to meet certain minimum standards.
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