The new British trade minister, Jonathan Reynolds, is optimistic about the possibility of removing some trade barriers with the European Union. He believes there is room for negotiation on a new food and veterinary agreement to reduce border checks on animal products, despite the challenges posed by the European Court of Justice’s oversight, which is a sensitive issue for Brexit supporters.
Reynolds, attending a G7 trade ministers meeting in Italy, emphasized the importance of finding a balanced approach to dispute resolution within these negotiations. He also aims to secure mutual recognition of professional qualifications with the EU and facilitate easier access for musicians touring within the bloc.
In discussions with European counterparts, Reynolds addressed the EU’s move to impose tariffs on Chinese electric vehicles, noting that the UK remains cautious about following suit due to its export-driven auto sector. He highlighted the need for decisions that benefit the sector, reflecting a careful consideration of potential impacts on British firms.
Additionally, Reynolds is keen to resume trade talks with India, which were paused earlier this year, and expressed hope for continued warm relations with the U.S. regardless of the outcome of the upcoming presidential elections. His approach underscores a pragmatic and balanced strategy in navigating complex international trade relationships.
