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the UK and the EU they are considered one step away from sealing future trade terms to avoid a chaotic split when the transition period expires January 1st.
Sources in London and in Brussels reported that an agreement was near as well as the Prime Minister of the United Kingdom Boris johnson held a teleconference on Wednesday night with his cabinet of senior ministers and negotiators in Brussels reviewing packages of legal trade texts to approve their content.
“The work will continue throughout the night,” said a spokesman for the European Commission. Eric mammer via Twitter, advising those covering the deal, which is nearing the finish line, to “get some sleep.” “We hope it will be possible to start early in the morning,” he added, referring to the press conference that will take place after the negotiation is finished.
#brexit work will continue throughout the night. At this point, all Brexit watchers are advised to get some sleep. Hopefully it will be an early start tomorrow morning …
– Eric Mamer (@MamerEric) Dec 24, 2020
According to Mammer, the two sides are considering some “details” in detail. However, a deal is expected to be announced, to avoid its possibility. chaotic scenario with no deal.
Three diplomatic sources in the EU said that member states are now initiating procedures to ensure the implementation of the agreement as of January 1, 2021 if it is actually announced that it has been reached today.
Earlier, a spokeswoman for the Commission tweeted that pizzas had arrived at headquarters. European Comission and wondered if they would eat seafood.
This tweet had to do with the fact that EU Member States, especially those with the largest fishing fleet, were considering the “final offer” made by the UK on fishing in British waters.
The British government has called for a 60% reduction in European catches in British waters, proposing a 35% reduction from 2021, much closer to the 25% reduction that the EU would be willing to accept, according to sources close to al EU chief negotiator, Michel Barnier.
The European Parliament has already said that it is too late to study and ratify any agreement by vote, for it to enter into force on 1 January. Member state governments are likely to seek to “provisionally implement” the agreement on January 1 and MEPs will ratify it retrospectively later this month.
Difficult talks between Europeans and the British on the post-Brexit deal “in the last effort”, less than 10 days before the December 31 deadline, EU negotiator Michel Barnet said on Tuesday.
The first Minister Boris johnson and the president of the European Commission Ursula von der Lane They have personally intervened in recent days, holding several phone conversations in a last-ditch effort to reach an agreement before the UK leaves the single market at the end of the month.
THE France began reporting that Johnson had made “huge concessions” in the past 48 hours, as the mutation of the UK coronavirus strain and its aftermath underscored the vulnerability of the British border.
The pound rose as the next deals were announced. There was no official confirmation of a deal, but a press conference was expected in London on Thursday morning, just seven days before the UK turned its back on the single market and the EU customs union on December 31.
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