✅UK has taken back control
✅EU has protected the integrity of the (now smaller) single market
🤷‍♀️But business has been the awkward teen caught in the divorce.
So bring the leftovers and let’s figure out what this deal means for an A-Z of some of our leading sectors shall we? 1/
✈️Aerospace
So this industry obvs v. worried about reality of customs, but also departure from the EU agency EASA.
This is the first annex I read in full. And it feels like the negotiating teams have pulled off a pretty impressive job here, forging a process to allow 2/
recognition of certificates issued by each other’s agencies. Way beyond anything in CETA. Starts with airworthiness, with the potential to be expanded to include things like pilots training. So going backwards to build up again. But certainly beat my expectation. Points.
🍐Agrifood
Much less of a win here. 0 tariffs and 0 quota a big deal. But otherwise things've gone wrong here. Very high barriers to trade food will exist: the need for meat/dairy exporters’ establishments to be approved, vet checks etc. As Faisal says 4/ https://twitter.com/faisalislam/status/1342640990239256576
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