European leaders just adopted the guidelines for the future trade relationship between the European Union and the United Kingdom. Member of the European Parliament Marietje Schaake (D66/ALDE) welcomes the step but warns that work remains to conclude a trade agreement.
Schaake: "Time is short: we only have 21 months to plot the lines of an agreement. If Prime Minister May wants to prevent January 21st 2021 from turning into chaos, she urgently has to come up with concrete proposals. Seeking special agreements and exemptions for access to the European market and our high standards are unrealistic from the outset. Europe will make no exceptions on these."
"Trade negotiations are already very complex. All the more so when a member state is leaving the Union. Even with Trudeau's liberal government it took seven years to reach an agreement. Time is of the essence. Companies on both side of the pond need to know where they stand."