BR100 Increased By (0.39%)
BR30 Increased By (0.47%)
KSE100 Increased By (0.99%)
KSE30 Increased By (1.19%)
AGHA 6.50 Increased By ▲ 0.18 (2.85%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.81 Increased By ▲ 0.22 (1.9%)
CSIL 5.95 Increased By ▲ 0.23 (4.02%)
FCCL 61.30 Decreased By ▼ -0.24 (-0.39%)
FFL 14.88 Decreased By ▼ -0.14 (-0.93%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.29 Increased By ▲ 0.03 (0.48%)
KOSM 6.02 Increased By ▲ 0.46 (8.27%)
LOTCHEM 24.93 Increased By ▲ 0.25 (1.01%)
MLCF 104.32 Increased By ▲ 0.24 (0.23%)
NBP 174.80 Decreased By ▼ -0.48 (-0.27%)
NCPL 52.85 Increased By ▲ 0.08 (0.15%)
NPL 54.57 Increased By ▲ 0.45 (0.83%)
OGDC 319.01 Increased By ▲ 5.62 (1.79%)
PACE 9.40 Increased By ▲ 0.20 (2.17%)
PAEL 35.70 Decreased By ▼ -0.10 (-0.28%)
PIBTL 13.87 Increased By ▲ 0.40 (2.97%)
PPL 229.00 Increased By ▲ 7.19 (3.24%)
PRL 81.10 Increased By ▲ 2.02 (2.55%)
PTC 47.15 Increased By ▲ 0.30 (0.64%)
SSGC 24.14 Increased By ▲ 0.27 (1.13%)
TBL 9.25 Decreased By ▼ -0.06 (-0.64%)
TELE 7.53 Increased By ▲ 0.14 (1.89%)
TPL 24.94 Decreased By ▼ -0.17 (-0.68%)
TPLP 12.95 Increased By ▲ 0.44 (3.52%)
TREET 26.15 Decreased By ▼ -0.10 (-0.38%)
TRG 53.90 Increased By ▲ 0.46 (0.86%)
World

EU's von der Leyen to meet UK's Johnson in London

Von der Leyen's commission and her chief negotiator are drawing up a mandate which, if approved by EU leaders, woul
Published Updated
By
  • Von der Leyen's commission and her chief negotiator are drawing up a mandate which, if approved by EU leaders, would set out the bloc's hopes for an ambitious agreement.
  • Johnson must decide by July whether he wants to ask for the transition to be extended -- and, if so, whether by one or by two years -- and in any case insists he will not do so.

BRUSSELS: Brussels top official Ursula von der Leyen will meet Prime Minister Boris Johnson in London on Wednesday, just three weeks before Britain leaves the European Union.

An EU spokesman said the president of the European Commission would meet Johnson for the first time since taking up her post and also give a speech at the London School of Economics.

A spokesman for Johnson confirmed: "There's a bilateral meeting next Wednesday at Downing Street."

No details were released about the agenda for the talks, but Brussels is keen to begin preparations for post-Brexit trade negotiations as soon as possible.

Von der Leyen's commission and her chief negotiator are drawing up a mandate which, if approved by EU leaders, would set out the bloc's hopes for an ambitious agreement.

But time is limited.

Britain is due to leave the European Union on January 31 and the post-Brexit transition -- during which trade will continue under EU rules -- will last only until the end of 2020.

Johnson must decide by July whether he wants to ask for the transition to be extended -- and, if so, whether by one or by two years -- and in any case insists he will not do so.

Comprehensive trade deals of the kind the EU enjoys with Canada, Japan and Singapore have so far taken between six and eight years to agree.

But some officials hope that a bare bones arrangement can be reached this year to avoid massive disruption and economic damage when Britain leaves the bloc.

 

Comments

Comments are closed for this article.