Egypt's Sisi directs efforts to continue fiscal stability, boost reserves    Al-Sisi meets Kurdistan Region PM Barzani, reaffirms support for Iraq's unity    Egypt's weekly food exports hit 192,000 tons – NFSA    URGENT: Egyptians' remittances jump 42.8% to $33.9 bln in Jan–Oct – CBE    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Agriculture Minister reviews progress on establishing advanced pesticide plant with Chinese delegation    Housing Ministry receives 6,863 applications to legalize land status in New Sphinx City    Comprehensive development plan to restore Misr Travel's pioneering role: Minister    Al-Sisi, Russia's Lavrov discuss Gaza, Ukraine, and key bilateral projects    African nations, Russia convene in Cairo to draft 2026-2029 strategic action plan    Mediterranean veterinary heads select Egypt to lead regional health network    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Egypt partners with global firms to localise medical imaging technology    The Long Goodbye: Your Definitive Guide to the Festive Season in Egypt (Dec 19 – Jan 7)    Egypt flags red lines, urges Sudan unity, civilian protection    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years    Egypt's SPNEX Satellite successfully enters orbit    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    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.



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.