The British Minister of Economics, Rachel Reeves, said this Sunday that she is willing to examine the proposal launched by the European Commission of Commerce, Maros Sefcovic, that the United Kingdom joins the commercial agreement known as the Pan-Euromediterranean Convention (PEM).
“We will be totally happy to look at those proposalsbecause we know that the agreement that the previous government reached is not working well, “Reeves said in an interview with the Sky News channel.
According to the minister, the POS-BREXIT Agreement negotiated by former Prime Minister Boris Johnson is not allowing to export to small businesses And neither does it solve the problems of the greats, so it is time to admit the problems and look for solutions “consistent with the red lines of our program”.
Keir Starmer’s Labor Government Discard returning to the EUto the single market and the customs union, but is trying to strengthen the links with the community block within the so -called “reset” of relations.
The PEM suggested by SEFCOVIC is a Little known agreementlaunched in 2012, which facilitates commercial exchanges between countries in Europe and North Africa, although experts in the United Kingdom discuss the scope of entering the agreement.
In his statements to the BBC, within the framework of the World Economic Forum in Davos, Sefcovic said that the idea is not yet “Formulated precisely” and that “the ball is in the field of the United Kingdom.”
The United Kingdom government has begun to consult companies about the benefits of the PEM plan and how I could help reduce bureaucracy and improve trade, according to the BBC.
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