September 4

Barnier: Brexit deal ahead if Britain stops backtracking

first_imgWednesday 24 June 2020 4:29 pm It comes as chancellor Rishi Sunak yesterday said the UK will “tailor” capital rules for insurers inherited from the EU, as he set out how Britain will regulate the City after the Brexit deadline.  Poppy Wood In a virtual think-tank event this afternoon, Michel Barnier called on Prime Minister Boris Johnson to give “clear signals” that the UK is ready to work towards a trade deal with the EU. Britain can still achieve a post-Brexit trade deal with the European Union as long as the UK stops “backtracking” on its commitments, the EU’s chief negotiator said today. (Getty Images) (Getty Images) Also Read: Barnier: Brexit deal ahead if Britain stops backtracking by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorMisterStoryWoman files for divorce after seeing this photoMisterStoryAdventure CrunchHere Are the Most Famous Pro Wrestlers From the Past TodayAdventure CrunchDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteabley Sunak yesterday said the UK would make reforms to maintain the soundness of capital markets and manage future risks.  “Our problem is not related to timing, but to substance, in particular that the UK keeps backtracking on its commitments in the political declaration,” Barnier said, referring to the 31-page document published last year that set out the direction of future trade discussions. whatsapp Talks between the EU and UK are set to intensify in the coming weeks, as the UK inches closer to its 1 July deadline for extending the transition period, which is due to expire on 31 December. “It’s in the UK’s particular interest to avoid a no-deal,” he said, adding that the EU was willing to “find a margin of flexibility” on the sticking point of Britain’s fishing waters. center_img Show Comments ▼ If a UK-EU trade deal is struck by the end of the year, the UK could begin the new trading relationship as soon as the transition period ends.  (Getty Images) Also Read: Barnier: Brexit deal ahead if Britain stops backtracking whatsapp Barnier added that he was neither optimistic nor pessimistic about achieving a deal, describing himself as “determined” to break the stalemate. “I believe that the deal is still possible,” he said. The EU chief negotiator cautioned that a failure to secure a post-Brexit trade deal with the European Union would damage the UK’s economy irreparably. Barnier: Brexit deal ahead if Britain stops backtracking Share The UK formally left the EU on 31 January, and the government has repeatedly ruled out any extension to the transition, meaning any deal must be formed by the end of the year. Before the Open: Get the jump on the markets with our early morning newsletterlast_img

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Posted September 4, 2021 by admin in category "qnisxvaur

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