EU is trying to impose its state aid regime on Britain, says trade minister

British trade minister Liz Truss accused the European Union on Monday of essentially trying to impose its state aid regime on Britain, something she said was unacceptable. "It is vastly different from what the EU is trying to do with us which is essentially impose the EU state aid regime in Britain and as (Britain's chief negotiator) David Frost has made clear that is simply not acceptable."


Reuters | London | Updated: 14-09-2020 20:59 IST | Created: 14-09-2020 20:33 IST
EU is trying to impose its state aid regime on Britain, says trade minister
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British trade minister Liz Truss accused the European Union on Monday of essentially trying to impose its state aid regime on Britain, something she said was unacceptable. Hailing a Britain-Japan trade deal that was announced in principle last week, Truss denied the suggestion that the agreement commits London to tougher restrictions on state aid than the ones it is offering the EU.

"The subsidies chapter is the standard kind of chapter you get in an FTA (free trade agreement)," she told parliament. "It is vastly different from what the EU is trying to do with us which is essentially impose the EU state aid regime in Britain and as (Britain's chief negotiator) David Frost has made clear that is simply not acceptable."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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