The trade pact is suspended: the Brexit agreement hangs by a thread – news



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  • Negotiations on a trade pact between the EU and Britain will continue on Sunday despite big differences.
  • This was announced by the President of the EU Commission, Ursula von der Leyen, and the British Prime Minister, Boris Johnson, after a phone call.

Both von der Leyen and Johnson had acknowledged that the negotiations so far had brought progress on many points, he said in a joint statement. However, “considerable differences” remained on three key issues: a level playing field, fishing and the instruments used to punish violations of the envisaged agreement.

Those are the trouble spots

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  • Fair competitive conditions: The key word is level playing field. Among other things, it is about environmental, social and aid standards. Britain would like to have as few EU guidelines as possible; for Johnson, this is a question of sovereignty. The EU, on the other hand, would like to avoid competitive advantages for British companies through regular dumping, especially since the desired trade agreement would allow British products to enter the EU market without paying and without quantity restrictions.
  • Fishing: There is the possibility of an agreement on the second important issue. This is the amount of fish that EU fishermen can catch in UK waters. Quotas and a clause to review the regulation after a certain period (review clause) are being discussed. Especially for the coastal states of the EU, France, Belgium, the Netherlands and Germany, fishing is of great political importance.
  • Regulation of future relationships: Here there are differences as to the instruments used to sanction violations of the envisaged agreement. Another major hurdle in the negotiations is the proposed British Internal Market Act, which would undermine parts of the EU withdrawal treaty that is already in force. The British government announced that it would reintroduce the controversial clauses into the bill on Monday.

“Both parties stressed that no agreement will be possible without these points being resolved,” he said. The differences are serious. However, it was agreed that the negotiating teams would resume their talks in Brussels on Sunday. Johnson and von der Leyen want to speak directly again on Monday night and take stock.

Conversations better than nothing

Irish Prime Minister Micheál Martin welcomed the announced continuation of the negotiations. “An agreement is in everyone’s interest,” Martin wrote on Twitter. “Everything possible must be done to reach an agreement.”

Ireland, a member of the EU, is particularly affected by Brexit. The EU wants to avoid a hard border with the British province of Northern Ireland, as this could lead to new political tensions and violence.

Brexit negotiations had been declared a top priority after negotiators failed to make progress on Friday. Timing is of the essence because Brexit should be completed in three and a half weeks. Without a trade pact, there will be tariffs and high trade barriers between Britain and the EU from January.

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