Egypt approves EGP 2.1m in aid for informal workers across 26 governorates    Egypt, Greece weigh joint gas infrastructure projects to bolster energy links with Europe    Egyptian pound gains slightly against dollar in early Tuesday trade    LLC vs Sole Establishment in Dubai: Which is right for you?    Edita Food Industries Posts Record-Breaking 3Q2025 Results with 40% Surge in Revenue    French court grants early release to former President Nicolas Sarkozy    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Egypt's Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties    Lebanese president says negotiations are only way forward with Israel    Madbouly seeks stronger Gulf investment ties to advance Egypt's economic growth    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    Egypt, US's Merit explore local production of medical supplies, export expansion    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



As Brexit goes down to the line, EU's Barnier to travel to London
Published in Ahram Online on 27 - 11 - 2020

European Union chief negotiator Michel Barnier will travel to London late on Friday in a last-ditch attempt to reach a Brexit trade deal as the two sides try to resolve significant differences over fishing and competition policy.
With just five weeks left until the United Kingdom finally exits the EU's orbit on Dec. 31, both sides are calling on the other to compromise to avoid a tumultuous finale to the five-year Brexit crisis.
Face-to-face negotiations will resume shortly after they had to be suspended last week when one of Barnier's team tested positive for the coronavirus.
“Same significant divergences persist,” Barnier said on Twitter. “Travelling to London this evening to continue talks.”
Recounting the contents of a closed-door briefing given by Barnier to national diplomats on the progress of the negotiations, a senior diplomat told Reuters it was “not a particularly bright picture”.
The talks are still snagged on three main issues -- fishing, state aid and future dispute resolution -- but neither side has so far shown a willingness to shift enough on them to allow a breakthrough.
Another source said Barnier had told the meeting in Brussels he was not able to say yet whether a new UK trade deal would be ready in time.
“Differences persist on the three controversial issues,” the senior diplomat said.
BREXIT DEAL?
Barnier told the envoys that if there is to be a deal it will take “a few more days”.
The first sign of movement -- either towards a deal or that talks are crumbling -- is likely to be a call between British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen. No such call has yet been announced.
A source close to the negotiations said it had been “tough” recently to make progress.
Britain formally left the EU on Jan. 31 but has been in a transition period since then under which rules on trade, travel and business remain unchanged. From the end of the year it will be treated by Brussels as a third country.
The two are trying to strike a trade deal on goods that would safeguard nearly $1 trillion in annual trade and the peace in British-ruled Northern Ireland.
The latter is a priority for U.S. President-elect Joe Biden, who has warned British Prime Minister Boris Johnson he must uphold the 1998 U.S.-brokered Good Friday Agreement that ended three decades of sectarian conflict.
Von der Leyen said on Wednesday the EU was ready for the possibility of Britain leaving the bloc without a new trade accord despite “genuine progress” in the tortuous Brexit talks.
A “no deal” exit would snarl borders, spook financial markets and sow chaos through the delicate supply chains that stretch across Europe and beyond -- just as the world grapples with the vast economic cost of the COVID-19 outbreak.


Clic here to read the story from its source.