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UK-EU to continue trade negotiations… The possibility of’no deal’ still remains

European Union (EU) tile and British flag (Photo = Yonhap News)-The UK and the EU (European Union) decided to continue negotiating a trade agreement. Initially, the negotiation deadline was set on the 13th (local time), but it was to prevent the’no deal’ Brexit.

According to the Reuters news agency that day, British Prime Minister Boris Johnson and Executive Chairman Ursula von der Laien, head of the EU administration, announced this agreement in a joint statement after a call on the morning.

The issues of negotiation are △fair competition conditions, shipbuilding △fishing rights △governance to resolve future disputes.

The key is how much the UK will adhere to the EU’s economic rules.

However, there is still a possibility of a’no deal’ as opinions of the two sides are mixed.

Prime Minister Johnson announced his intention to continue preparing for the no-deal Brexit in January next year.

Prime Minister Johnson said in an interview with Sky News that day, “(after the Brexit referendum) we have been preparing for four and a half years,” and “we are ready.”

Earlier, the UK declared’Brexit’ to withdraw from the EU in January.

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