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British Prime Minister Boris Johnson will travel to Brussels for an emergency meeting with the President of the European Commission, Von der Lein. Both sides are increasingly concerned that the Brexit trade negotiations will end in failure.
Although negotiators on both sides frantically tried to break the deadlock in short order, it still seemed a long way from reaching an agreement. In light of this, the two spoke on the phone on Monday night and agreed to hold a meeting.
This means that the two sides have done their best in the eight months of negotiations. If an agreement is yet to be reached, political leaders must intervene now. Similarly, this also shows that the two sides still believe that there is still some time left before the year-end deadline, and they intend to use this to fight for each other’s last minute concessions.
Von der Lein and Johnson issued a joint statement Monday night, stating that the two teams have “significant differences” on three key issues, including fishing and the rules of fair competition. These issues have been plagued with these issues during the eight months of negotiations.
The British side believes that the current situation is grim and negotiations may fail.
A senior British official said that as the environment deteriorated last week, the negotiations have not made any substantial progress and it is highly likely that no agreement can be reached. The EU is also very pessimistic, and Irish Foreign Minister Simon Coveney warned of growing frustration with the British approach.
Coveney said some countries have been willing to accept the idea of leaving the EU single market and customs union in the event a trade deal is not reached, and the EU’s view is shifting towards contingency plans. .
“Without political interference from the highest level, like the British prime minister and the president of the European Commission, I think people will be increasingly pessimistic about whether the negotiating team can come to an agreement,” he told RTE.
Additionally, Johnson hinted on Monday that he was ready to withdraw the threat to unilaterally break parts of the Brexit deal, which Coveney welcomed.
Britain is ready to withdraw the threat of breaking the Brexit deal to pave the way for the advancement of Brexit trade negotiations.
Although EU officials said Chief Negotiator Barnier believed Wednesday was the last time a deal would be reached, some diplomats believed there was hope that it would be discussed at the EU-27 leaders’ summit that began on Wednesday. Thursday.
Officials said Johnson may also want to discuss this with German Chancellor Merkel and French President Macron.
Source: financial industry websiteReturn to Sohu to see more
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