(Worthy News) – Britain and the European Union provided sober updates Thursday on the state of post-Brexit trade discussions, with only two weeks to go before a potentially chaotic split.
Britain remains within the EU’s tariff-free single market and customs union until December 31. A failure to reach a post-Brexit deal would likely lead to chaos on the borders at the start of 2021 as tariffs and other impediments to trade are enacted by both sides. The talks have gotten bogged down on three main issues — the EU’s access to Britain’s fishing waters, the level playing field to ensure fair competition between businesses, and the governance of any deal.
According to a statement from Johnson’s office, the prime minister stressed that “time was very short” and that it “now looked very likely that agreement would not be reached unless the EU position changed substantially.” [ Source: VOA News (Read More…) ]
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