You find that the European Union certificate deal may enhance UK’s exports in a quarter

A deal with Brussels would allow the export of British goods to the European Union without other tests or testimonies that will increase UK’s exports to the bloc at the rate of tenth, and by more than a quarter of the sectors.

The “mutual recognition of congruence of conformity” will allow the products approved in one judicial state in the other without excessive testing or costly duplication.

The UK government strongly pushed to include such a measure as part of the economic and security “reset” with the European Union – which will officially start at the London Summit on Monday.

Her proposal has been rejected so far by Brussels – who argues that it violates the “red lines” in the United Kingdom that has ruled out joining the European Union market or entering a customs union with the bloc – to thwart the industry on both sides of the channel.

new Modeling Written by Aston University in Birmingham, it is estimated that the conformity assessment agreement can provide a 9.8 percent boost for UK exports, with sectors such as industrial and electronics machinery that amount to an increase of 27.9 percent.

John Du, a professor of Economy at Aston, who designed the effects of Britain’s exit from the European Union since the European Union Trade and Cooperation Agreement, said that the research showed that “mutual recognition of the assessment of matching”, or the MRCA deal, will particularly help smaller companies to reach the European Union without “drowning in the red tape.”

“Our research shows that MRCA can significantly reduce this burden, especially in sectors such as food, textiles and machinery, where compliance is complicated. It is a low political reform, highly influential that would allow young exporters to return to work.”

Negotists in the UK still hope that the conformity assessment agreement will be part of a much deeper reorganization with the European Union’s unified market, including industrial standards and other regulations in an attempt to soften trade relations with the bloc.

However, analysts have warned that achieving such a rapprochement would represent enormous challenges in view of Britain’s exit policy from the European Union, adding that the economic benefits of commercial components of “reset” are likely to be limited.

In all parts of Britain’s exit from the European Union, the European Union has constantly rejected the requests of the United Kingdom for such a deal, with the former European Union negotiator Michel Barnier in a letter In 2020, the United Kingdom was unable to become a “organizational center and a testimony” for Europe.

The work government has paid a new MRCA agreement after his election last July, but the request It was rejected by Brussels During the recent negotiations before the Monday summit, noting “institutional and economic reasons”, according to the European Union’s internal documents that the Times sees.

Nearly 20 industrial agencies on both sides of the channel, including the Iraqi Central Bank in the United Kingdom and British Forests for Trade, Smeunited Smeunited and Confedration of Swedish Enterprise, have also pressured the European Union MRCA agreement, but so far without success.

In a joint statement last month, both London and Brussels called for an agreement on the MRCA deal, describing it as “a practical and investigation procedure to reduce unnecessary barriers against trade.”

William Payne, the main trade policy in BCC, said that the University of Aston University showed that the deal “will bring the ability of laboratories and test intensity in the United Kingdom and enhance our ability to export as well.”

Trade experts added that the European Union’s reluctance to sign such a deal with the United Kingdom – although MRCA is with seven countries, including Switzerland, the United States, Japan, Australia and New Zealand – reflects the continuous design to demonstrate that leaving the costs of the bloc.

John Springford, of the European Thought Center for European Reform, said that the decision was the issue of “pure policy” instead of legal barriers, and that the potential benefits of both sides were great.

He added: “It is strange that the European Union is ready to allow the United States to judge the conformity of goods with the standards of the European Union, but not the United Kingdom, despite its continued compatibility with the rules of the European Union in the goods sector.”

Rachel Reeves, Chancellor, will rely on the re -assignment of the European Union to connect Flaib to grow because it faces continuous weakness in public financial affairs and the possibility of a harsh view of the government office of the budget responsibility in the budget of this fall.