FT
| Winners and losers in an EU-UK free trade agreement
In just a few weeks, Britain will begin what could be the country’s most momentous negotiations since joining the EU in the 1970s: talks on how it will trade with Europe for decades to come.
Regulations, frequently the cause of non-tariffs barriers to trade, still often differ. It is also much more difficult than within the EU to ensure that both sides still stick to the deal. “The fundamental difference is that FTAs are agreements between autonomous regulatory jurisdictions that want to stay autonomous,” says Stephen Adams, a former trade adviser to the European Commission.