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That’s what the British Prime Minister says
According to a Downing Street spokesperson, the British Prime Minister emphasized during the discussion that he considered that the negotiation process was in a very serious situation, that time was extremely tight
Now it seems highly probable that no agreement will be reached unless the attitude of the European Union changes significantly.
A spokesman for the London Prime Minister’s Office said Johnson also said that if no deal was reached, the UK and the European Union would become friends as friends and bilateral trade would continue under Australian-style conditionality.
The communication trend in recent days is that while the EU has been talking more about the growing chances of a deal, the British side is talking the opposite:
This is the president of the Commission
Negotiations for a comprehensive trade agreement between the European Union and the United Kingdom Significant progress has been made on many issues, but overcoming the remaining differences is a great challenge. – said the president of the European Commission in a statement issued on Thursday night.
Ursula von der Leyen said during a telephone conversation with British Prime Minister Boris Johnson that an inventory of the progress made so far in the negotiations was made by clarifying the details of the association agreement.
Among the still controversial issues that remain controversial, despite the positive balance of the inventory, the president of the EU commission raised the question of clarifying fishing rights. He said the talks would continue on Friday.
The terms of future trade relations between the European Union and the United Kingdom are being negotiated in Brussels this week. Michel Barnier, the European Commission’s chief negotiator, on Thursday expressed hope for a positive outcome from the talks. He said during the day that the parties could reach a common denominator starting Friday on the issues of equal competition in the market and fisheries regulation, which are still a source of discussion.
The pound began to weaken against the dollar in Thursday night’s communication, reducing the chances of an imminent deal, with prices falling from more than 1.36 to around 1.3550. The markets as a whole remain confident that despite the difficulties, a bargain will be made at the last minute.
Only a few days left
The United Kingdom withdrew from the European Union on January 31. On the day of his departure, a transitional period began until December 31, which will end in less than two weeks, with the aim of allowing time to agree on the terms of the future bilateral system, in particular a free trade agreement. However, so far no agreement has been reached in the rounds of negotiations. The most heated debate between London and the EU is about a level playing field and the regulation of fisheries.
If an agreement is reached in the next few days, the convention must be ratified by both the European Parliament and the British legislature before the end of the year so that the treaty can enter into force on January 1, the end of the transitional period.
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