The talks are about the possibility of a trade agreement between the EU and the United Kingdom. Time is running out because if there is no agreement, we risk a “hard Brexit” in early January with import tariffs and customs formalities that will hamper the economic fabric across the Channel. European chief negotiator Michel Barnier said earlier today that Wednesday is the deadline for an agreement. That still has to be approved by the British parliament and that of the EU.
In its communication, London praises its constructive cooperation with the EU. “Negotiations are continuing and final decisions are expected in the coming days,” it said. If those negotiations lead to solutions for the outstanding points of discussion, London says it is willing to adjust the Internal Market Bill.
Watch Ivan Ollevier’s analysis from London here and continue reading below the video:
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