LONDON Men's Nike Free x Metcon Red Black Australia
, Aug. 15 (Xinhua) -- Tuesday's announcement by the British government that it had a formal plan for trade with the European Union (EU) for a period after it formally leaves the bloc was met with cautious approval by business leaders while some other people criticized it.
London announced Tuesday that it wanted a temporary form of customs union to continue trading with the EU after the United Kingdom (UK) formally left the union, which is scheduled for the end of March 2019, in what it described as a transition deal.
Businesses, the City (British financial sector), and services had all expressed concerns that the departure of the UK from the EU would lead to a "cliff-edge scenario" where trade was governed by UK rules and then suddenly by less favorable World Trade Organization (WTO) rules Men's Nike Free x Metcon Black Australia
, increasing bureaucracy, costs and tariffs when the exit took place.
This scenario would have been unwelcome, with businesses preferring the certainty of a negotiated settlement, which could provide better terms than WTO rules.
The British government's position paper is intended to provide a focus for discussion with the EU to achieve a negotiated deal, and crucially to avoid an imminent deadline.
Anastassia Beliakova Men's Nike M2K Tekno Jogging Black White Australia
, head of trade policy at business representative body British Chambers of Commerce (BCC), told Xinhua on Tuesday afternoon: "It remains to be seen how the plan would be worked out in the details, but it is certainly good news that this is clearly a priority for the UK government."
Surveys over the past year of BCC member companies, showed that two thirds of firms wanted some kind of transition deal after Britain formally left the EU, said Beliakova.
Clarity on the UK's future customs arrangement with the EU is significantly higher on their priority list than the swift negotiation of new free trade agreements Women's Nike M2K Tekno White Australia
, and businesses wanted to see the government's resources focused on the conclusion of a successful customs deal with the EU.
"Leaving the customs union means having to adapt to new bureaucratic processes that businesses are not currently used to, so today's paper which outlines intentions for a customs arrangement that would be as close as possible to what we currently have is welcome," said Beliakova.
British businesses would wish the process of leaving the EU to be as smooth and cheap as possible, said Beliakova.
A situation where Britain left the EU in 2019 and then sometime after that negotiated a new trade deal would not be the best solution, said Beliakova Women's Nike M2K Tekno Pink Australia
, because it would mean that businesses have to adapt to two new sets of circumstances with two new and different sets of costs.
"Ideally businesses would not have to face two or more sets of adjustment costs; where that would happen is if there is one arrangement for the interim period and then something entirely different at the end of it -- that should be avoided," said Beliakova.
Current customs union arrangements means the free flow of goods across the whole EU is possible with no border or tariff checks. This is speedy and drives down costs.
"Our members would want to have as few physical checks on goods as possible, and if there is to be a customs border as little waiting time there as possible too. Any extra costs would need to be minimized," Beliakova said.
BCC represents businesses across Britain employing 5,000 Nike Air Max 270 Women's Triple White Australia
,000 workers, approximately one sixth of the total British workforce.
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BEIJING, Aug. 14 (Xinhua) -- China on Monday told the Republicof Korea (ROK) to stop the deployment of the Terminal High AltitudeArea Defense (THAAD) system.
The new ROK defense minister has said the deployment processwould be accelerated to tackle tensions on the KoreanPeninsula.
"THAAD deployment will not help to ease the ROK's securityconcerns, and will do even less to resolve the nuclear issue on theKorean Peninsula," Chinese Foreign Ministry spokesperson HuaChunying said at a news briefing.
The THAAD system severely undermines China's strategic securityinterests and the country demands the ROK consider these securityconcerns Nike Air VaporMax Moc 2 Sail Anthracite Australia
, Hua said. Enditem
PARIS, May 17 (Xinhua) -- Lyon forward Alexandre Lacazette has been voted the Ligue 1's Player of the Year by his fellow footballers at the Trophees UNFP ceremony here on Sunday evening.
Paris Saint-Germain coach Laurent Blanc took the Coach of the Year award, and 21-year-old Lyon midfield Nabil Fekir the best young player.
Lacazette, 23 years old, beat Les Parisiens trio Zlatan Ibrahimovic Nike Air Max 95 Premium Neutral Olive Men's Australia
, Javier Pastore and Marco Verratti for the award after having scored 27 goals in 33 appearance so far this season to help Lyon secure a berth to next season's Champions League as the Ligue 1 runners-up.
"It is an honor for me," said the 23-year-old. "Since I was a kid I dreamed of winning this kind of award, and leaving a mark on French football."
Blanc was named the best coach for the second time as other nominees were Lyon's Hubert Fournier, Saint-Etienne's Christophe Galtier and Cuingamp coach Jocelyn Gourvennec.
The 49-year-old Blanc, whose PSG just won their third Ligue 1 title in a row on Saturday with an away win at Montpellier Nike Air Max 1 Mars Stone Men's Australia
, had previously won the honor in 2008 when he led Bordeaux to the second place in Ligue 1.
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