On the afternoon of the 24th local time, European Commission President von der Leyen held a press conference in Brussels, saying that the European and British have now reached a consensus on a European-British trade agreement that has attracted much attention from the outside world.
The previous night, the European-British negotiating team held all-night negotiations in Brussels, the headquarters of the European Union.
It is reported that in the final stage of the negotiations, the two sides mainly focus on the field of fisheries, involving specific contents such as fishing quotas, income distribution and access to waters.
Next, the trade agreement must be approved by the European Parliament and the British Parliament respectively before it can enter into force.
The UK officially “Brexit” on January 31 this year, and then entered an 11-month transition period.
It is generally believed that a trade agreement between Europe and Britain before the end of the transition period will lead to Britain’s orderly exit from the EU, thus avoiding the chaos that “no-deal Brexit” may cause.