(Worthy News) – European Union and British negotiators are nearing a trade deal as Britain’s New Year’s Day exit from the 27-nation bloc approaches, EU officials said Wednesday.
Two officials said negotiators are working to resolve as early as midnight Wednesday a fishing rights issue in British waters in hopes of avoiding a messy economic break between the two sides.
Since formally leaving the EU on January 31, Britain immediately entered an 11-month economic transition period, giving negotiators time to reach a free trade deal to ease its exit from the Single Market and the Customs Union at the end of this year. [ Source: VOA (Read More…) ]
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