EU Parliament Calls for More Trade, Sanctions Cooperation With UK
The EU and the U.K. should strengthen trade and security ties in response to rising geopolitical tensions and threats posed by Russia, top European Parliament members said ahead of the first EU-U.K. summit May 19.
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The Parliament members, including the leaders of the committees on Foreign Affairs and International Trade, said both the EU and the U.K. are “like-minded partners and allies” facing the same “serious volatile global security situation as well as divisions in the global economic order with unilateral and unjustified trade measures.” They said “our security, welfare and prosperity are inextricably linked,” and the two should “strengthen our cooperation in a structured manner, in particular on foreign, security, defence and trade matters.”
The members specifically called for the EU and the U.K. to strike a new defense and security agreement that “fosters deeper cooperation on intelligence sharing,” as well as on “sanctions coordination.” They said the two sides should “build” on their sanctions response to Russia.
The EU and the U.K. also have an opportunity to reach a sanitary and phytosanitary agreement while deepening “regulatory and customs cooperation” and reducing other trade barriers, the members said.