London (Brussels Morning Newspaper) – The UK government, which had refused a suggestion of a customs arrangement with the European Union, stated it is ready to “consider proposals,” cautiously unlocking the door to post-Brexit trade rapprochement.
European Trade Commissioner Maroš Šefčovič expressed earlier this week on the BBC that the EU was willing to “consider” incorporating the UK into this deal with certain Member States, Mediterranean nations and Balkan countries. Britain has “no plans to join” such an arrangement, stated Nick Thomas-Symonds, Minister for Post-Brexit Relations with the European Union.
Talking on Sky News on January 26, 2025, Finance Minister Rachel Reeves said,
It was very interesting to see Maroš Šefčovič suggest this week that Britain could be welcome in this customs framework.
We are absolutely willing to look at these various proposals because we know the deal secured by the previous government does not work well enough,
she said.
How has Rachel Reeves approached the UK-EU trade relationship?
In a statement to the finance ministers in the European Union in December 2024, UK Chancellor of the Exchequer Rachel Reeves said that there must be a “business-like relationship” with the EU, looking at driving trade and supporting economic growth. She urged that it is critical to fortify ties with the EU to benefit working people and economic prospects in both regions.
Since taking office, Rachel Reeves, the UK Chancellor of the Exchequer, has frequently emphasized the importance of resetting trade relations with the European Union. She insisted that trade barriers must be cleared so the business environment between the two is as free-flowing as possible. Reeves sees closer economic partnership not as a zero-sum game but as a mutual opportunity to grow together.
Looking at recent history, Reeves expressed her discontent at the previous administration’s dealing with EU partners, saying she had experienced two years of fractious division under previous governments. Reeves wants a new approach, an approach that is more collaborative and pragmatic going forward.
