U.K. Won’t Publish Assessment of EU Trade Deal as Red Tape Hits



Joe Mayes | Bloomberg

The U.K. government won’t publish an impact assessment of its trade accord with the European Union despite producing similar reviews of other major trade deals it has signed.

“We’ve set out the detail of the deal, and the opportunities and benefits it provides the U.K.,” Prime Minister Boris Johnson’s spokesman Jamie Davies said on a call with reporters on Tuesday, when repeatedly asked if the government would publish a formal assessment. “We’ve been clear it’s a good deal, which allows us to maintain access to the EU market.”

Britain’s trade with the EU has been hit by higher costs, delayed shipments and reduced freight volumes since the new economic relationship started on Jan. 1, with businesses feeling the effects of new red tape and customs processes.

To read the full arctic from Bloomberg, please click here