Brexit deal still snagged on three main issues, EU envoys told

Brexit deal still snagged on three main issues, EU envoys told

From reuters.com

The EU and Britain are very close to agreement on most issues as time runs out for a trade deal but they are still at odds over fishing rights, guarantees of fair competition and ways to solve future disputes, an EU official told ambassadors in Brussels. “We are both close and far away. It seems that we are very close to agreement on most issues but differences on the three contentious issues persist,” a senior EU diplomat said after ambassadors were briefed on Friday by an EU negotiator. The chief Brexit negotiators suspended direct talks on Thursday after a member of the EU team tested positive for COVID-19, ... (full story)

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Edited at 1:01pm Nov 20, 2020 11:34am | Edited at 1:01pm

ettrader
| Joined Aug 2009 | Status: Member | 499 Comments

There is not going to be a deal, all UK businesses have been notified of this fact already. Basically full tariffs to be applied on all EU imported goods on 1st January 2021, any imported goods from the EU that are new they need to be approved in the UK before they can be sold, if you employ anybody from the EU you must have a licensed sponsor visa already in place by 1st January 2021. In the notice sent by the Department for Business, Energy and Industrial Strategy at NO point does it mention there is a possibility of a deal. Basically what you're seeing in the media is noise

Basically the letter says in bold RED - there will be NO EXTENSION and ACT NOW

These are the quota tables for imports from the EU and exports to the EU:
https://www.gov.uk/guidance/finding-...rts-or-exports

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Posted: Nov 20, 2020 10:24am
Submitted by:
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Category: Fundamental Analysis

Comments: 1 / Views: 874