Banque Misr signs EGP 3bn revolving credit facility with SODIC    The Future Begins Now: A National Alliance Bridging the Gap Between Classroom Seats and Leadership Dreams    Ahl Masr Burn Hospital Concludes First Scientific Forum, Prepares for Expanded Second Edition in 2026    Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance    Resilience, Innovation, and the Smart Home: Mohamed Ataya on GROHE's Strategic Vision for Egypt    Egypt signs mining training agreement with Australia's Murdoch University    Australia returns 17 rare ancient Egyptian artefacts    Gold prices edge lower on Thursday    Cairo affirms commitment to Lebanese sovereignty, urges halt to cross-border violations    Egypt expands rollout of Universal Health Insurance    Egypt's Al-Sisi links national progress to strict law enforcement, says society has role in reforming legal application    Gaza death toll rises as humanitarian crisis deepens, Israeli offensive expands in West Bank    China invites Egypt to join African duty-free export scheme    Egypt, Algeria agree to deepen strategic ties, coordinate on Gaza ceasefire, regional crises    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt adds trachoma elimination to health success track record: WHO    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    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    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.



'Final throw of the dice': Britain and EU to resume trade talks on Brexit
Published in Ahram Online on 06 - 12 - 2020

British and European Union negotiators will meet in Brussels on Sunday in a last-ditch attempt to strike a post-Brexit trade deal before a transition agreement ends on Dec. 31.
British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke on Saturday and instructed their teams to resume talks after they were paused on Friday.
In a joint statement after their call, Johnson and von der Leyen said that no agreement was feasible if disagreements on the three thorny issues of governance, fisheries and competition rules, known as the level playing field, were not resolved.
“This is the final throw of the dice,” a British source close to the negotiations said.
EU Brexit negotiator Michel Barnier said the talks on Sunday with his British counterpart David Frost would show whether a new trade deal could be struck.
A majority of Johnson's ministers were willing to back him if he decides a deal is not in Britain's interests, the Times newspaper reported, saying 13 cabinet ministers - including eight who opposed Brexit - had confirmed they would do so.
British farming minister George Eustice backed that up in an interview on Sky News on Sunday, saying the country had done a huge amount of preparation for a no-deal and was ready to go through with such a scenario.
“We'll continue to work on these negotiations until there's no point in doing so any further,” said Eustice.
But Irish Foreign Minister Simon Coveney, a key figure in Brexit talks in recent years, said it was not credible for the British government to suggest they could manage a no-deal.
Striking a more optimistic note, Coveney said it was his “very strong view” that a deal could be done. “We are more likely to get a deal than not,” Coveney told Ireland's Sunday Independent newspaper.
Negotiations were paused on Friday after hopes of a deal earlier in the week evaporated. The British team said the EU had made demands incompatible with its sovereignty and warned that the talks could end without an agreement.
Coveney denied the EU had hardened its stance.
If they fail to reach a deal, a five-year Brexit divorce will end messily just as Britain and its former EU partners grapple with the economic cost of the COVID-19 pandemic.
Experts have warned that a no-deal scenario would cause huge long-term disruption to the British economy.


Clic here to read the story from its source.