UK AND EU CHIEF AGREE IMPORTANCE OF FINDING TRADE DEAL


05/10/2020




Selin ATAY-TDO- British government said Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen have "agreed the importance" of finding a post-Brexit trade deal.

Downing Street has said that they agreed progress has been made in talks between the EU and UK but "significant gaps" remain. Both have instructed their chief negotiators to "work intensively" in order to try to bridge those gaps.

Negotiations between the UK and EU broke up on Friday without agreement. Both sides are calling on the other to compromise on key issues such as fishing and government subsidies.

On Saturday, PM Boris Johnson and EU Commission President Ursula von der Leyen spoke via video conference and both side agreed to speak on a regular basis.

A Downing Street spokesperson said the two had agreed on the importance of finding an agreement "as a strong basis for a strategic EU-UK relationship in future."

The UK's chief negotiator Lord Frost said that work to resolve differences between the Britain and the European Union "begins as soon as we can next week".

In the previous days, Boris Johnson said he wants a deal like one struck between the European Union and Canada, but reiterated the Britain was ready should it have to leave without a deal.

"We're resolved on either course, we're prepared for either course and we'll make it work but it's very much up to our friends and partners," PM said.

Asked about potential compromises that could be made, Boris Johnson said: "The balance of trade is overwhelmingly on the side of the EU in the sense that they export much more to us than we do to them, certainly in manufacturing goods, and so we think there is a big opportunity for both sides to do well."


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