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Trade talks between United Kingdom and European Union have reached a dead end

Trade talks between United Kingdom and European Union have reached a dead end

by YCPress

Trade talks between United Kingdom and European Union have reached a dead end

November 7 According to a Reuters report, on November 6, local time, a spokesman for British Prime Minister Johnson said that the UK is confident that it has made full preparations for the end of the Brexit transition period. 

On the other hand, a spokesperson for European Commission President Von der Lein said that Von der Lein will talk with Johnson on the phone on the 7th to continue to advance the negotiation of the bilateral trade agreement.

According to reports, a spokesperson for British Prime Minister Johnson said on the 6th: “We are confident and are fully prepared for the end of the (transition period).”

On the same day, Johnson pointed out that he hopes to reach a post-Brexit trade agreement with the European Union, but if the final phase of negotiations with the European Union fails, the United Kingdom is fully prepared. 

He said: “I very much hope that we can (reach an agreement), obviously it depends on our friends and partners across the strait.”

Johnson said: “I think if they want to (advance), they can reach an agreement. If they don’t want to, (the United Kingdom) of course this country has made very, very adequate preparations.

As I said before, we can The Australian Clause’ (under the framework) has done very, very well.”

On the afternoon of the 7th, local time, Von der Lein is expected to talk on the phone with Johnson to advance the negotiations on the UK-EU trade agreement.

According to previous reports, the UK officially left the European Union on January 31, 2020, and then entered an 11-month transition period. If the UK and Europe fail to reach a trade agreement during the transition period, the bilateral trade will return to the WTO framework from 2021 and re-implement border inspections and tariffs.

Since March 2020, the negotiations on the future relations between the UK and the EU have been twists and turns. On October 16th, British Prime Minister Johnson had “relentless words”, saying that if the dispute still cannot be resolved, the UK is ready to leave the European Union without a deal in early 2021. 

On October 21, the United Kingdom and the European Union broke the deadlock and returned to the negotiating table again, saying that they would continue to discuss the legal text of the draft agreement.