UK, EU resume crunch Brexit talks
LONDON: Britain and the European Union resumed crucial negotiations in London yesterday for a post-Brexit free trade deal, with time running short and both sides saying major obstacles remain.
LONDON: Anti-Brexit campaigner Steve Bray holds placards outside a conference center in central London yesterday as talks on an UK-EU trade deal continued. – AFP
EU chief negotiator Michel Barnier arrived in the British capital late Sunday before another week of talks with his UK counterpart David Frost, as they scramble to find an agreement. Britain formally left the bloc in January but remains bound by most of its rules until the end of the year under the terms of its divorce. Parliaments in London and Brussels need time to ratify any deal struck, leaving scant time for the two sides to find a compromise on key outstanding issues.
These include establishing rules for competition between British and European companies, oversight mechanism and fishing rights. Barnier said on Twitter the keys to unlocking the door to a deal were “respect of EU autonomy and UK sovereignty” alongside “robust guarantees of free and fair trade” and “stable and reciprocal access to markets and fishing opportunities”.
‘Sensible approach’
Britons voted to end decades of EU economic and political integration in 2016 but implementing Brexit has proved immensely difficult ever since. After finally agreeing initial divorce terms last year, the two sides began fraught negotiations over a future free trade deal. They had predicted a draft would need to be finalized by mid-October in order to be ratified by the EU and UK parliaments before the end of the year.
But the coronavirus pandemic strained the already ambitious timetable, while the most divisive issues have stalled the talks for months. Without a deal, Britain would leave the EU single market and customs union on January 1, triggering immediate and significant barriers to cross-Channel trade and business.
‘Pause for thought’
A so-called no-deal Brexit could complicate the situation on the island of Ireland, and its politically-sensitive border between UK-ruled Northern Ireland and EU member Ireland. London is currently pushing controversial legislation through parliament to regulate its post-Brexit trade with Northern Ireland that would unilaterally rewrite the EU divorce treaty and breach its terms.
Brussels has already initiated legal action over the draft law, which British lawmakers in the upper chamber House of Lords was expected to vote later. Meanwhile leading Democrats in the United States, including Irish-American President-elect Joe Biden, have warned a US-UK trade deal could be compromised if the island becomes a “casualty” of a “no-deal” Brexit.
Irish Foreign Minister Simon Coveney said Monday that Biden’s election could lead London to “pause for thought” and “ensure that the Irish issues are prioritized”. “Joe Biden is a real friend of Ireland,” Coveney added, noting he had stressed “the need to prevent a hard border at any point in the future linked to Brexit policy and Brexit negotiations”. – AFP
