All trade deals require mutual cession of some prerogatives - look at German primary energy companes invoking investor-state dispute settlement (ISDS*) arbitration to sue the Netherlands for discriminating against fossil fuels. The reality is that both parties seek particular favorable conditions in relation to one another, and it is not incumbent upon the EU states to be unilaterally altruistic in a competitive environment of global capitalism. All that said, what do you have against the
current EU-UK
free trade agreement?
*ISDS breadth was also a big sticking point in both left and right dissent in the US against joining TPP. I recall that when the TPP was formed anyway without the US, as the CPTPP, it dropped some US government-favored provisions, for example in the weakening of ISDS components, to which Chile, Mexico, Peru, New Zealand, and Vietnam received further special treatment. I don't know what conditions the UK seeks in its application to CPTPP. But almost all nations, through one agreement or another, are subject to various forms and layers of ISDS obligations. For the record, the existence and application of significant ISDS clauses in international relations tends to be deeply offensive to my politics.
Note that
ISDS is justifiably beginning to be treated in a manner respondent to its nature as one of the worst possible circumscriptions of state sovereignty (though most so for weaker states as these things always go):
Localism is not resilient. Localism created a dramatic Communist-style shortage of infant formula in the United States this year, among other examples. Historically, de facto (agrarian) localism has implied routine mass starvation. Resiliency is built through deliberate, but expensive, local
duplication of targeted industries or outputs. Such duplication could be engineered most efficiently along para-trade international collaboration (which is why it will never happen, though it should).
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