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EU-UK trade talks set to go past mid-November deadline - sources


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Posted

EU-UK trade talks set to go past mid-November deadline - sources

By Gabriela Baczynska

 

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BRUSSELS (Reuters) - Britain and the European Union are likely to miss their mid-November deadline to clinch a post-Brexit trade deal, with talks in London to break a deadlock expected to run through the end of this week, sources on both sides told Reuters on Wednesday.

 

Britain left the bloc last January. A status quo transition period expires at the end of the year, and talks on trade rules from the start of 2021 have yet to yield a breakthrough.

 

Ambassadors of the 27 EU member states in Brussels will not be updated on the talks at a regular meeting on Wednesday and the issue is now tentatively pencilled in for their meeting on Nov. 18, a senior EU diplomat said.

 

The pound wobbled against the U.S. dollar on the news that talks might go beyond the mid-month deadline.

 

However, in a sign that the estranged allies are still pushing for an agreement, EU sources said they now expect negotiators to come up with an agreed text in the middle of next week, unless talks collapse or there is a breakthrough earlier.

 

“The real cut-off point is late next week,” said one EU diplomat who follows Brexit in EU hub Brussels.

 

A British source also said the negotiating teams’ talks in London were expected to last through the end of this week.

 

Divvying up fishing quotas, ensuring fair competition for companies, including rules on state aid, and agreeing how to settle any trade disputes in the future are the main sticking points that have so far barred an agreement.

 

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-- © Copyright Reuters 2020-11-11
 
Posted

Likely there'll be a provisional deal, with discussions on-going into next year. A lot will depend on Biden's attitude to the Irish border issue. 

  • Like 1
Posted
2 hours ago, Thingamabob said:

Likely there'll be a provisional deal, with discussions on-going into next year. A lot will depend on Biden's attitude to the Irish border issue. 

Exactly. Although I doubt that the discussions will be concluded next year.

  • Like 1
Posted (edited)
11 hours ago, harada said:

November 2040 ?

 

No, that is the date when totally poor England ask for an association with view on membership for the EU. The Gaelic confederation, consisting of S + N Ireland, Scotland and Wales vetoed earlier attempts.

The English accepted 5 pounds = 1 €uro, the Schwengen-2 agreement, and right lane traffic already.

Edited by puipuitom
  • Like 1
Posted

https://www.express.co.uk/news/world/1359234/BAE-systems-fighter-jets-germany-eurofighter-uk-economy-news-jobs?__vfz=medium%3Dstandalone_content_recirculation_with_ads

 

germany places large order for fighters

Posted
2 hours ago, luckyluke said:

It will be a relief for many, Britons & Europeans, that this Brexit thing will be over.

More than 4 years is a go-too-far.

 

But it won't be over. As @Thingamabob stated, it is likely that there will be a provisional deal this year, which will allow both sides to save face, but there will, most likely, be no end of outstanding issues left unresolved. The talking will have to go on for years to come. 

Posted
14 minutes ago, RayC said:

But it won't be over. As @Thingamabob stated, it is likely that there will be a provisional deal this year, which will allow both sides to save face, but there will, most likely, be no end of outstanding issues left unresolved. The talking will have to go on for years to come. 

It could  continue  until such  time as those  ever so  satisfied   with the concept of  Brexit  develop  dementia and  nobody  can remember  what they are  all mumbling on about !

Joined at the  hip  !  Live with it  or  find a  proper  Surgeon !

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