“Britain is leaving the political institutions of the EU; but it is not leaving Europe, and British prosperity is, and always will be, closely bound to European prosperity,” – said Chancellor of the Exchequer Philip Hammond, addressing the European Business Summit in Brussels (24/05/2018) – “So Europe’s success – and the success of the Euro as a currency – is very strongly in Britain’s interest, and we will not do anything which jeopardises that success”.
“Our economy is recognisably a European-style economy with high levels of consumer and worker protection, a highly developed social welfare system and strong environmental standard, and it is the clear wish of the British people, regularly demonstrated, to keep it that way as we build a new deep and special partnership with the European Union” – Hammond continued.
“We have made significant progress since Article 50 was triggered, just over a year ago both in our own internal debate about what Brexit should mean, and in our negotiation with the EU”.
“I know that for business getting clarity on our future customs relationship is a top priority, and so it should be a top priority for European governments too” – Hammond underlined.
European Business Summit is an organization creating and supporting networking and debating events in Brussels, including the annual European Business Summit #EBS2018, with a principal goal to bring business and politics together and stimulate debate on the most challenging European issues of the moment. The latest event took place in d’Egmont Palace, Brussels on 23-24 May 2018.
The EU top diplomat Federica Mogherini participated in a #EBS2018 debate on the changing role of the European Union at global stage, and challenges to bloc’s defence of a multilateral rules based international order. Mogerini took floor at the European Business Summit in Brussels #EBS2018 together with her Belgium counterpart Minister of Foreign Affairs and European Affairs of Belgium Didier Reynders. “The EU awareness of its own role has changed… in the past couple of years”, – Mogherini said. The EU crucial influence on maintaining multilateralism, liberal democracies, and open societies are the challenges the bloc faces today, she continued.
Mogherini gave special attention to the European values as a binding element for the member-states, describing the organisation as a “family” of nations, which came to “rule together”. “The EU is not only about budget but it is a community of citizens”, the diplomat added.
“Pacta servanda sunt. It’s a test on EU, that we can take our own decisions, exercise sovereignty, protect our interests. And show strength. We have challenges, but we can preserve the deal if the Iranians stay in and respect it as they are doing” – Mogherini said, reflecting upon the situation with the nuclear deal #JCPOA.
Belgium Minister Didier Reynders confirmed that his country will continue contributing in finding multilateral solutions to the big challenges of our times alongside and in support of the European Union, namely in the issues of foreign policy, defence and migration. He also put forward his proposals on strengthening the rule of law mechanism in the EU – “internal credibility enhances EUs external credibility”, the diplomat said, underlining that the internal strength of the bloc inevitably translates into its foreign policy potential.