Trade news > Staying in a customs union would be dire for British trade. Here’s why
Staying in a customs union would be dire for British trade. Here’s why
Greg Hands | The Guardian
I campaigned for remain in 2016 and served as trade minister two years, and I believe we can still get a good, compromise deal with the EU on Brexit.
At such a critical juncture in the negotiations, it is normal to search for compromises. However, many of those being discussed are poor choices. That is why it is such a dangerous time. We must remember that the arrangements we set in place now may last for generations and it may be difficult to change them once this window closes.
Let us look at the issue of a customs union, which is being much discussed at the moment. It recently became the official Labour party position. Its attractiveness is in seeming to offer a solution for the issue of just-in-time supply chains and the Irish border.
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