Egypt's MSMEDA helps 18,000 SMEs win EGP 1.25b in state contracts    Giant CMA CGM ship transits Suez Canal, signaling return of megavessels    Egyptian pound edges up slightly against dollar in early Sunday trading    Grand Egyptian Museum to boost tourism, help attract 30 million visitors by 2030: Al-Mashat    Polish investments in Egypt surpass $1.7bn, driven by green ammonia, furniture, and silo projects    Finance Ministry, MSMEDA implement ambitious plan to support entrepreneurs: Rahmy    Egypt, Russia, EU coordinate on Gaza peace implementation, Sudan crisis    Rubio sees Vance as 2028 favourite, fuelling talk of a joint ticket    Trump announces US boycott of G20 summit in South Africa over 'human rights abuses'    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    Egypt to adopt World Bank Human Capital Report as roadmap for government policy    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches new cancer pharmaceuticals sector to boost drug industry localization    Egypt, Albania discuss expanding healthcare cooperation    25 injured after minibus overturns on Cairo–Sokhna road    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, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    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    Syria releases preliminary results of first post-Assad parliament vote    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.



Time is running out for Brexit trade deal, UK minister says
Published in Ahram Online on 30 - 11 - 2020

Britain and the European Union are running out of time to clinch a Brexit trade deal but if good progress is made this week then the talks could be extended, Environment Secretary George Eustice said on Monday.
With just over four weeks left until the United Kingdom finally exits the EU's orbit on Dec. 31, both sides are demanding concessions from the other on fishing, state aid and how to resolve any future disputes.
"We really are now running out of time, this is the crucial week, we need to get a breakthrough," Eustice told Sky.
"I really do think we are now in to the final week or 10 days, of course if great progress were made this week and you're nearly there it's always possible to extend those negotiations," he said.
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 start of 2021 it will be treated by Brussels as a third country.
The two sides are trying to strike a trade deal on goods that would safeguard nearly $1 trillion in annual trade and buttress peace in British-ruled Northern Ireland.
Talks between EU chief negotiator Michel Barnier and British chief negotiator David Frost continued on Sunday. British Foreign Secretary Dominic Raab said it was a very significant week for Brexit.
"David Frost had made clear that we're continuing the negotiations because we still think there is a prospect that we can get an agreement and while there is we should persevere with those," Eustice said.
FISH
Irish Foreign Minister Simon Coveney said a deal could be done this week, but there needed to be give and take on both sides.
On fishing, Britain dug in its heels.
While fishing alone contributed just 0.03% of British economic output in 2019, it is an emotive subject as many Brexit supporters see it as a symbol of the regained sovereignty that leaving the EU should bring. Combined with fish and shellfish processing, then the sector makes up 0.1% of UK GDP.
Britain wants "zonal attachment" to agree a total allowable catch for the United Kingdom's waters a step that would give it a much larger quota share than if the fish maths were worked out on the EU's proposals.
"All we're asking for is there to be annual negotiations based on the science and also for there to be a move towards a fairer, more scientific sharing methodology which is called zonal attachment which is broadly where the fish are to be found," Eustice told BBC radio.
"Under that analysis we currently only have access to about half of the fish in our own waters, that is profoundly unfair on our fishermen, we've been clear throughout that needs to change."


Clic here to read the story from its source.