[ad_1]
The thriller about the trade agreement between the European Union and Great Britain is underway, as British Prime Minister Boris Johnson left the Brussels and the meeting with the President of the Commission, Ursula von der Leyen without agreement.
According to it leaked, the two sides did not tear down the bridges either agreed to resume talks, setting a new deadline next Sunday.
Boris Johnson’s meeting with Ursula von der Leyen lasted at least three hourshowever, it was not possible to bridge the existing differences. The British prime minister had declared before his departure to Brussels that “no British prime minister could accept the proposals of the EU”.
According to a source from Downing street, cited by both the BBC and Reuters, the main differences between the two sides remain. However, it was agreed to extend the deadline for discussions on Sunday, in order to reconsider the positions and continue the effort to reach an agreement on the commercial part of the “divorce”.
The same source, however, emphasized that a compromise formula must be found before Sunday, as it will be extremely difficult to extend the talks again.
The three areas in which the trade deal is said to be “stuck” between Britain and the EU in the run-up to Brexit, refers to fisheries, competition rules and arbitration in relation to a possible new agreement.
Failure to reach an agreement in the coming weeks will increase taxes and costs for both parties’ exporters. However, regardless of whether an agreement is reached, Citizens and businesses on both sides will face different rules from January 1. The idea of the trade agreement has to do precisely with the smooth transition towards this unprecedented exit of a European state from the Union.
EU leaders will hold their last scheduled summit of the year in Brussels on Thursday and Friday. Therefore, on your agenda Session wins points and Brexit issue, except Greece, relations and possible sanctions against Turkey.
