November 18, according to a Reuters report, there are only more than six weeks left before the UK ends the Brexit transition period.
The UK and Europe are still negotiating trade agreements. The two sides still have differences on the protection of fair competition and fisheries.
British Prime Minister Johnson said on the 17th that it is still uncertain whether an agreement can be reached with the EU.
Both the UK and Europe said that progress has been made in the negotiations, but it is still unclear whether the two sides are considering a compromise or what kind of compromise when entering the final sprint.
At the cabinet meeting, Johnson told senior ministers that his position has not changed. He is eager to reach an agreement with the EU, but he cannot “at the expense of sovereignty and our core principles of law, borders, money, and fisheries control.”
Johnson said: “We are trying to find a solution that can fully respect British sovereignty, but it is far from certain whether an agreement is possible, and time is very short.”
If Brexit ends with a “no agreement” ending, it will impact financial markets, disrupt supply chains throughout Europe and beyond, and intensify the economic shock caused by Coronavirus.
Although many companies are worried about a no-deal Brexit, the fishery industry made it clear to Johnson that he must give them a good agreement to fulfill his promise to “take back control” and not to abandon his 2019 election. committed to.
The Chief Executive Officer of the Scottish Fishermen’s Federation Elspeth Macdonald and the Chief Executive Officer of the British Federation of Fishermen’s Organizations Barry Diss wrote in the letter: “Anything you give up now will never be taken back, so we urge You stand firm and reach an agreement that the industry we are proud of can support.”