David Davis, the Secretary of State for Exiting the European Union, has said that the Government favours a “Canada Plus Plus Plus” trading deal with the EU. He added that the Government wanted a close working relationship with the EU and for financial services to be included in a tariff-free deal.
Speaking on the BBC’s Andrew Marr programme Davis said:
“What we want is a bespoke outcome. We’ll probably start with the best of Canada and the best of Japan and the best of South Korea and then add to that the bits missing which is the services”.
Keir Starmer, the Shadow Secretary of State for Exiting the European Union, said on the same programme:
“I mean, what are the benefits of the single market and the customs union? They are no tariffs and they are alignment of regulations and standards. And that means that for goods and services we can trade successfully in the future. That’s what we want, that’s what we mean by the benefits. And to some extent the model doesn’t matter, it’s what are the outcomes”.