Home Politics The end of the Brexit transition period is approaching. There is not much time left for Britain and Europe to warn each other.
London and the European Union agree to resume trade negotiations

The end of the Brexit transition period is approaching. There is not much time left for Britain and Europe to warn each other.

by YCPress

Chinanews.com, November 30 According to Reuters, on the 30th local time, the United Kingdom and the European Union warned each other that time was running out to reach a Brexit trade agreement. Negotiators of the two sides are arguing about state aid, law enforcement and fisheries.

“We really don’t have time. It’s a crucial week — we need to make a breakthrough,” said George Eustice, the UK Environment Secretary, saying that if good progress is made this week, then the negotiations can be extended.

Simon Coveney, Ireland’s Foreign Minister, also said: “We don’t have much time.” “The truth about Brexit is now facing challenges.”

At present, Britain and the European Union are trying to reach a trade agreement to avoid obstacles to their trade at the end of December. However, the Brexit transition period will end on December 31, and the UK has previously said it will not be extended. Since the trade agreement is finalized, it still needs to be submitted to the parliaments of both sides for approval, and there is not much time to delay.

It is said that although fishing accounts for only 0.1% of the British economy, the issue of fishing rights has become one of the main differences between the two sides. Britain has so far rejected the EU proposal and insisted that Britain, as an independent country, must take full control of its own maritime areas.