MikeUpNorth
Wobbles like a massive pair of tits
- Joined
- Apr 26, 2007
- Messages
- 19,973
No, it's not arbitration as it's all completely non-binding.I started reading and ending up reading anoter 30 odd pages and still didn't get there. But basically it's down to arbitration but there's a degree of trust between the EU and Japan.
Clearly Boris evaporated any trust with the IMB and I personally wouldn't trust Boris to walk my dog, and I don't even have a dog.
https://www.tjm.org.uk/documents/br...t-and-Regulatory-Cooperation-after-Brexit.pdfA Free Trade Agreement that builds on the CETA and JEFTA models
CETA and JEFTA are two comprehensive FTAs that the EU has agreed with third countries (Canada and Japan respectively) in the past two years. They serve as a model for the kind of trade deals the EU is willing to sign with ‘third countries’ – countries which are not in the Single Market or in the EU. Both these deals fall far short of Single Market participation or shared customs arrangements, but nonetheless they are still more comprehensive than older trade agreements in the commitments expected of countries that are a party to them, both in terms of coverage (the number of policy areas that are impacted), and the level of liberalisation required (the number of sectors that will be opened to competition from the other party).
CETA is one of the first deals to include a specific chapter on Regulatory Cooperation, modelled on the Regulatory Cooperation chapter that was proposed for the Transatlantic Trade and Investment Partnership (TTIP – a deal between the EU and the US, abandoned in 2018). The chapter sets out a process of dialogue between Canada and the EU to address regulatory barriers to trade, most of which takes place through a Regulatory Cooperation Forum. This brings together ‘trade experts’ and political leaders from both sides, with, as legal professor Marija Bartl explains, the aim of “creating institutional channels for the exchange of information, methodologies and knowledge between regulators and stakeholders... (so that) their ‘thinking’ would align, thus minimizing the numbers of divergent regulations.”
The FTAs currently in place that include Regulatory Cooperation processes (e.g. CETA and JEFTA) do not specify who should be invited to participate in these forums. However, because the main focus of Regulatory Cooperation is on removing barriers to trade, commentators have suggested that these forums are likely to be dominated by business interests. Civil society groups have argued that unless the treaty explicitly states that trade unions and other civil society groups must also be invited, the majority of the input will come from corporations. While the recommendations resulting from the Regulatory Cooperation processes are non-binding, they set in motion a method for addressing barriers to trade which departs significantly from the normal democratic process that sets regulations outside of trade agreements. Regulations are ordinarily designed with social, public health or environmental objectives in mind, even in trade blocs such as the EU’s Single Market. In the CETA model, the objective of the Regulatory Cooperation Forum is to facilitate trade rather than regulate in the public interest.
This report is worth reading in full at some point for a general understanding of the ways international trade interacts with domestic regulations and the trade-offs involved.