Key facts
- The Liberal Democrats are urging the Labour Party to rejoin the EU single market and customs union.
- The Liberal Democrats argue rejoining is essential for economic recovery and security ties.
- The EU and UK will hold a summit on July 22 in Brussels.
- The summit aims to reset post-Brexit ties.
- Key agenda items include a youth mobility scheme.
- A food and farm produce trade agreement is also on the agenda.
- An emissions trading system will be discussed at the summit.
The Liberal Democrats are advocating for the Labour Party to abandon its current objections and rejoin the EU single market and customs union. The party argues that such a move is crucial for reversing the UK's economic stagnation and for bolstering security cooperation with European nations. This call comes as the European Union and the United Kingdom prepare for a significant summit scheduled for July 22 in Brussels. The primary objective of this summit is to reset the post-Brexit relationship between the two entities. Several key agenda items are slated for discussion, including the potential implementation of a youth mobility scheme designed to facilitate easier travel and work opportunities for young people. Additionally, the leaders will address a trade agreement focused on food and farm produce, aiming to streamline and improve trade in this sector. Another critical topic on the agenda is the establishment of a joint emissions trading system, which could align climate policies and carbon pricing mechanisms.