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Brexit

EU chief says UK trade pact closer but success not certain
World

EU chief says UK trade pact closer but success not certain

  • Britain and the European Union moved closer to sealing a new trade deal but it was still not clear if they would succeed, the bloc’s chief executive said on Wednesday.
  • Britain and the EU are in the final stretch of talks to keep an estimated one trillion dollars of annual trade free of tariffs and quotas beyond Dec. 31, when the United Kingdom finally transitions out of the world’s largest trading bloc.
Published 16 Dec, 2020 05:38pm
UK PM Johnson says on Brexit trade talks: we're very far apart
World

UK PM Johnson says on Brexit trade talks: we're very far apart

  • “The best thing to do now, for everybody, is to follow up all the work that has been done over the last four and half years, colossal amount of preparation at our ports, everywhere across the UK, get ready to trade on WTO terms, Boris said.
Published 14 Dec, 2020 10:24am
Britain's navy to protect fishing waters in case of no-deal Brexit
World

Britain's navy to protect fishing waters in case of no-deal Brexit

  • Four Royal Navy patrol ships will be ready on Jan. 1 to help protect Britain’s fishing waters in the event the Brexit transition period ends without a deal on future ties with the European Union.
  • There are concerns about possible skirmishes between British and foreign fishing vessels if no trade deal is reached.
Published 12 Dec, 2020 05:18pm
No deal on Brexit trade 'very very likely', Johnson says
World

No deal on Brexit trade 'very very likely', Johnson says

  • Britain is likely to complete its journey out of the European Union in three weeks without a trade deal.
  • Britain quit the EU in January but remains an informal member until Dec. 31 - the end of a transition period during which it has remained in the EU single market and customs union.
Published 12 Dec, 2020 02:29pm
EU Commission chief sees more chance of no Brexit trade deal
World

EU Commission chief sees more chance of no Brexit trade deal

  • Britain is more likely to leave the European Union’s orbit on Dec. 31 without a trade deal than with an agreement, an EU official quoted the head of the European Commission.
  • A no-trade deal Brexit would damage the economies of northern Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains which stretch across Europe and beyond.
Published 11 Dec, 2020 05:30pm
UK PM Johnson warns EU over Brexit trade talks: back down or it's no-deal
World

UK PM Johnson warns EU over Brexit trade talks: back down or it's no-deal

  • British Prime Minister Boris Johnson warned the European Union on Wednesday it must scrap demands which he says are unacceptable if there is to be a Brexit trade deal.
  • With fears growing of a chaotic no-deal finale to the five-year Brexit crisis, Johnson was heading to Brussels later on Wednesday for talks with European Commission President Ursula von der Leyen.
Updated 10 Dec, 2020 01:15am