EU-UK trade negotiations approach critical moment of success or failure: EU diplomat



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EU-UK trade negotiations approach critical moment of success or failure: EU diplomat





international finances

Reuters staff




BRUSSELS, Dec. 2 (Reuters) – An EU diplomat said on Wednesday that trade negotiations between the UK and the EU are fast approaching a critical moment of success or failure.

The European Union and the United Kingdom are negotiating a set of trade agreements that will regulate trade relations between the two parties starting next year after the Brexit transition period ends.

However, negotiating officials were unable to resolve differences on issues such as fisheries, state assistance to businesses, and future dispute resolution.

“We will soon reach the critical moment for the success or failure of Brexit negotiations. Tense negotiations continue in London. Until this morning, it is still unclear whether negotiating officials can bridge the gap on issues such as fair competition, governance. and fishing rights “. “Said the EU diplomat.

“As we enter the final stage of the Brexit negotiations, some member states have become a bit nervous. So this is mainly to ease the nervousness of France and other member states, and to make member states believe that the Barnier’s team will continue to hold the fundamental interests, “said the diplomat. (End up)

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