UK finance minister hails 'milestone' talks with EU counterparts

Business and Finance Business and Finance

Mon, December 9, 2024

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UK finance minister hails 'milestone' talks with EU counterparts

^{Published on 2024-12-09 10:20:54 - Tuko}

UK finance minister Rachel Reeves advocated Monday for "more normal trading relations" with the European Union, as she became the first British chancellor since Brexit to attend a meeting of eurozone counterparts.

The article from Tuko.co.ke discusses UK Finance Minister Jeremy Hunt's positive remarks regarding the recent financial dialogues with his EU counterparts. Hunt described the talks as a "milestone" in the ongoing efforts to strengthen economic ties post-Brexit. The discussions focused on financial services, aiming to establish a cooperative framework that would benefit both regions. Key points included regulatory cooperation, market access, and addressing issues like equivalence decisions which are crucial for financial stability and growth. Hunt emphasized the importance of these talks in fostering a more integrated and mutually beneficial relationship between the UK and the EU, despite the complexities introduced by Brexit. The talks are seen as a step towards reducing friction in financial services trade and enhancing economic cooperation.

Read the Full Tuko Article at:
[ https://www.tuko.co.ke/business-economy/571810-uk-finance-minister-hails-milestone-talks-eu-counterparts/ ]

N@N

UK finance minister hails 'milestone' talks with EU counterparts