Brexit secretary Davis Davis says Britain should be aiming for the ambitiously named “Canada plus plus plus” model. The simplest way of thinking about all these options is as a continuum, with high access to the single market and low political freedom at one end and higher levels of political autonomy combined with lower access to the single market at the other. They take the EU’s recent free trade agreement with Canada, known as Ceta, as a starting point. But since UK regulations are already entirely aligned with the EU, optimists argue that it ought to be possible to add services and much else besides to reach Canada plus plus plus. With enough goodwill it could be far more than a basic free trade agreement and look like May’s specially crafted bunting.

Source: The Guardian December 18, 2017 18:56 UTC