UK AND EU AGREE TO CONTINUE BREXIT TRADE DEAL TALKS


14/12/2020




İrem UZUN -TDO- The UK and EU have agreed to carry on post-Brexit trade talks after a call between leaders earlier on Sunday. In a joint statement, Boris Johnson and European Commission President Ursula von der Leyen said it was "responsible at this point to go the extra mile".

The talks were initially extended until Sunday after Wednesday's meeting between von der Leyen and Johnson, billed as a "last-ditch effort," ended without an agreement. No new deadline has been announced on Sunday. Speaking in London, Johnson said the two sides remain "far apart on key issues," and warned that "the most likely thing now is we have to get ready for WTO terms, Australia terms”. Australia doesn't have a free trade agreement with the European Union, even though talks to secure one are in progress. The expression "Australia terms" has been widely used by Johnson and his government as a euphemism for a no-deal Brexit.

An agreement would reduce significant border disruption on January 1, affecting trade valued at close to $900 billion a year, along with personal and business travel. Long lines of trucks have already built up at some English Channel ports, in part because businesses are stockpiling ahead of the new year.


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