Brexit: EU 'have shown their true colours' with UK says host
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David Collins, Professor of International Economic Law at City, University of London said the move was a sign the EU was “not interested” in fulfilling its “international trade obligations”.
The position, announced by the EU Commission last week, has also been branded “petty” and “indefensible” by George Eustice.
The introduction of new checks and paperwork since the end of the Brexit transition period on December 31 has caused disruption to exports of fresh fish and seafood to the EU.
Producers have expressed frustration at the lack of Government action, while last month seafood hauliers protested against the Brexit fishing deal by stacking lorries in central London.
Mr Collins further claimed the new measures were “most likely” a violation of the UK-EU Trade and Cooperation Agreement (TCA) argeed on Christmas Eve.
He continued: “A complete (or near-complete) ban is the most extreme form of a trade barrier.
The international law academic concluded: “While amicable negotiations are often helpful, the UK must be prepared to avail itself of every recourse under international law to protect its interests.
“The gloves are about to come off.”
French MEP Pierre Karleskind, who chairs the European Parliament’s committee on fisheries, said Brexit was to blame for the issues before he admitted they do not make sense.
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Amsterdam overtaking London as Europe’s biggest share trading centre has been labelled a “short term” issue by an independent economist, with Britain set to thrive in the long-run.
Julian Jessop, an economics fellow at the Institute of Economic Affairs, who has previously worked for the Treasury and global banking firms, has backed the long term future of the UK’s finance sector.
This week it was announced stock exchanges in Amsterdam traded 9.2 billion euros ($11.15 billion) a day in January, compared to London’s 8.6 billion, according to the Cboe exchange, which operates in both cities.
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