Nohomeinsurance – Latest information

Insurance, Innovation, Automotive, Business, Lifestyle

Anglo-European trade negotiations enter the sprint stage

The EU and the UK opened the final stage of negotiations on a post-Brexit trade agreement in Brussels on the same day. Regardless of the risk of negotiation breakdown and the limited negotiation time, the two sides still insisted on making no concessions.

According to reports, shortly before arriving in Brussels, the British negotiator David Frost issued a firm message. He said that the UK plans to take full control of its laws, trade and waters after Brexit.

He wrote on Twitter: “This is our consistent position from the beginning, and I will not change it.” At the same time, he said that he will hold talks with EU negotiator Michel Barnier that afternoon .

The report also said that after the departure of a number of important Brexit activists next to British Prime Minister Boris Johnson, people began to question whether the British position would soften. Frost’s remarks responded to related doubts.

Britain officially left the European Union on January 31 this year, but the impact of Brexit will not be fully manifested until January 1, 2021. By then, the transition period for the UK to continue to comply with EU rules will end.

The report pointed out that the United Kingdom and the European Union had previously agreed to conclude a “zero tariff and zero quota” trade agreement during the transition period to limit the negative (and inevitable) impact of Brexit as much as possible.

However, with less than 50 days left before the end of this year, intensive negotiations have stalled.

Back to top