EGP hovers vs USD in early Wednesday trade    UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Hyatt, Egypt's ADD Developments sign MoU for hotel expansion    Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    LTRA, Rehla Rides forge public–private partnership for smart transport    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    Sisi launches new support initiative for families of war, terrorism victims    Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EU is willing to be 'creative' to get a Brexit trade deal
Published in Ahram Online on 25 - 11 - 2020

The European Union on Wednesday committed to be ``creative`` in the very final stages of the Brexit trade negotiations but warned that whatever deal emerges, the United Kingdom will be reduced to ``just a valued partner`` far removed from its former membership status.
EU Commission chief Ursula von der Leyen said ``genuine progress`` had been made on several issues ``with an outline of a final text,`` little more than a month before Britain's transition period as a former EU member runs out.
And she said that on the divisive issues of fisheries, governance of any deal and the standards the U.K. must meet to export into the EU, the bloc is ``ready to be creative, but we are not ready to put into question the integrity of the single market, the main safeguard for European prosperity and wealth.``
In the EU single market, goods and services can freely flow from one of the 27 member states to another without barriers like customs or checks, and it is seen as a cornerstone of the EU. With Britain deciding to walk out, von der Leyen insisted it should feel the cold.
``One thing is clear. Whatever the outcome, there has to be and there will be a clear difference between being a full member of the union and being just a valued partner,`` she told legislators at the European Parliament. Britain however is seeking to maintain many of the advantages of membership while insisting on full sovereignty within its borders and its fishing waters.
The EU legislators will have to approve any deal and many scoffed at the extended negotiations past a slew of deadlines which ever more reduces its powers to seriously vet the deal ahead of the Jan. 1 cutoff date.
``We cannot just simply agree to anything that comes up in the last minute. This parliament needs time for scrutiny and for debating any possible agreement,'' said Greens leader Ska Keller.
``We will look very closely if this is an agreement that is of mutual benefit, that safeguards social and environmental standards, and that does not endanger the peace in Northern Ireland. And we will not hesitate to defend those rights and standards.``
There are widespread fears in the EU that Britain will slash those standards and pump state money into U.K. industries, becoming a low-regulation economic rival on the bloc's doorstep.
Britain has long said the EU is making unreasonable demands and is failing to treat it as an independent, sovereign state, especially when it comes to the control of its fishing waters. It insisted EU negotiator Michel Barnier was sticking far too long to negotiating lines which would make any compromise impossible.
It made von der Leyen's concession to be ``creative`` all the more significant. It even applied to fisheries. For a long time, demands were that EU trawlers would be allowed to continue to roam British waters like before, as if Brexit had never happened.
On Wednesday, von der Leyen sounded more conciliatory. ``No one questions the U.K. sovereignty in its own waters, but we ask for predictability and guarantees for our fishermen and fisherwomen who have been sailing in these waters for decades, if not centuries.``
Negotiators from both sides are still talking remotely after an EU official tested positive for COVID-19, forcing Barnier into quarantine. He might be free to travel and negotiate face-to-face again as of Thursday, and observers expect a breakthrough once that happens.


Clic here to read the story from its source.