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'On a knife edge': Britain and EU in last-ditch trade talks

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'on A Knife Edge': Britain And Eu In Last-ditch Trade Talks
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'On a knife edge': Britain and EU in last-ditch trade talks by Kenyans247(1): Mon 07, December, 2020 09:44am
LONDON/DUBLIN (Reuters) - Britain and the European Union will make a last-ditch attempt to strike a post-Brexit trade deal this week, with probably just days left for negotiators to avert a chaotic parting of ways at the end of the year.Ireland’s prime minister, whose country would face more economic pain than any of the other 26 EU member states in the case of a “no deal”, cautioned against over-optimism, putting the chances of an agreement at only 50-50.

British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke over the weekend to get their teams back to the negotiating table after talks stalled on three thorny issues.

They are due to hold another call on Monday evening in the hope that, by then, stubborn differences over fishing rights in UK waters, fair competition and ways to solve future disputes will have narrowed.

The Guardian newspaper reported after talks resumed on Sunday that there had been “a major breakthrough” on the rights of European fleets to fish in UK waters, leaving only a wrestle over how closely Britain should hew to EU environmental, social and labour standards over time to ensure a level playing field.

A British government source said there had been no breakthrough on fishing rights on Sunday.
https://www.reuters.com/article/us-britain-eu-talks/on-a-knife-edge-britain-and-eu-in-last-ditch-trade-talks-idUSKBN28F0SY

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'on A Knife Edge': Britain And Eu In Last-ditch Trade Talks

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