Sentences with phrase «preferential trade terms»

The analysis is based on the default scenario of the UK ceasing to be a member of the EU single market and customs union and failing to reach any withdrawal agreement containing preferential trade terms with other EU member states.

Not exact matches

The American Federation of Labour and Congress of Industrial Organizations released a statement attributed to president Richard Trumka that said, «The decision to suspend trade benefits sends an important message to our trading partners: Countries that benefit from preferential trade programs must comply with their terms.

However, a measure, be it a grant, interest or tax relief, guarantee, government holding or the provision of goods and services on preferential terms, is characterised as State aid when it is the result of an intervention by the State, leading to a possible distortion of competition and one which is likely to affect trade between Member States.