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European Union Ready to Talk Trade with UK
The European Union wants to talk with the UK. Valdis Dombrovskis is Vice President of the EU Commission.
He said the EU is ready to talk. The EU might discuss closer trade ties with the UK.
A customs union could be part of those talks. British ministers are meeting with EU leaders now.
Klear Note — The UK left the EU in 2020. Trade between them has faced new costs and delays since then. Closer ties could make buying and selling easier for both sides.
Key Terms 3
- Valdis Dombrovskis
- Vice President of the European Union Commission, a top EU leader.
- customs union
- An agreement where countries share the same trade rules and taxes.
- Rachel Reeves
- UK Finance Minister, in charge of money and trade for Britain.