The EU has indicated Britain could join the Pan-Euro-Mediterranean Convention
Maros Sefcovic, the European Union’s chief negotiator on post-Brexit relations, said Brussels “could consider” allowing the UK to join the Pan-Euro-Mediterranean Convention .Responding, Downing Street said such a scheme is not a “customs union” and therefore would not breach the Labour government’s “red lines”.
Downing Street’s comments left the door open to such an agreement being on the table as part of the Brexit reset discussions. But both Government sources and trade experts have been quick to point out that it is not a customs union nor an EU scheme. In practice, that means that anything either manufactured or completed in the UK – as many goods are in a global supply chain – could be exported more easily to lots of countries in the neighbourhood, including the 27 EU member states.the participants in the Barcelona Process However, sources in Brussels are sceptical that even if this was their plan, any UK Government would be willing to go further than something like PEM.
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