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Irish PM says "good result" in UK trade talks possible, EU chief says ready for no-deal


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Irish PM says "good result" in UK trade talks possible, EU chief says ready for no-deal

By Gabriela Baczynska and Conor Humphries

 

2020-11-26T023409Z_1_LYNXMPEGAP02T_RTROPTP_4_EU-SUMMIT.JPG

FILE PHOTO: Ireland's Prime Minister (Taoiseach) Micheal Martin speaks to the media as he arrives for the European Union leaders face-to-face summit in Brussels, Belgium October 16, 2020. REUTERS/Johanna Geron/Pool/File photo

 

BRUSSELS/DUBLIN (Reuters) - Ireland's prime minister said on Wednesday there was still time for a "good result" in trade talks between Britain and the European Union, though the bloc's chief executive said the risk of a no-deal split on Dec. 31 remained.

 

The European Commission head, Ursula von der Leyen, said the bloc was ready for the possibility of Britain leaving the EU without a new trade accord despite "genuine progress" in the tortuous Brexit talks.

 

Britain left the EU in January and a status quo transition period expires at the end of this year. The estranged allies are in a last-ditch effort to agree terms to keep trade flowing without tariffs or quotas.

 

"Sometimes you can get a good result in extra time," Ireland's Micheal Martin said when asked if time was running out for an agreement.

 

The three main obstacles to a deal are fishing rights, ways to settle future disputes, and "level playing-field" rules to guarantee fair competition, including on state aid to companies.

 

Martin said he thought there was a "landing zone" in the negotiations over the level playing-field rules, which would lead to an agreement on a dispute resolution mechanism.

 

Von der Leyen said the coming days would be "decisive".

 

"With very little time ahead of us, we will do all in our power to reach an agreement. We are ready to be creative. But we are not ready to put into question the integrity of our single market," she told the European Parliament.

 

An official involved in the negotiations said a deal was possible, but not likely before the weekend at the earliest. An EU diplomat said it was more likely to come next week.

 

The European Commission - which is negotiating with Britain on behalf of the 27-nation bloc - was due to update national envoys to the EU hub Brussels at 0700 GMT on Friday.

 

The head of the European Union's executive on Wednesday reported "genuine progress" in Brexit talks but said the risk of Britain leaving the EU without a deal on Dec. 31 remained, an outcome she said the bloc was prepared for. Ciara Lee reports

 

"We need to establish robust mechanisms, ensuring that competition is – and remains – free and fair over time. In the discussions about state aid, we still have serious issues, for instance when it comes to enforcement," said von der Leyen.

 

The EU needed to be able to retaliate on trade if Britain undercuts labour or environmental standards, she said. It also wanted long-term predictability for its fishing industry, which faces a reduced catch after Brexit.

 

"DRAMATICALLY DIFFERENT"

British Prime Minister Boris Johnson told parliament on Wednesday the EU should accept "the reality that we must be able to control access to our waters" to make progress on fisheries.

 

Johnson has repeatedly said he wants a deal with the EU, but only if it respects British sovereignty.

 

The official involved in the talks said that the latest EU and UK ideas for solutions on the three main contentious issues - which include transition periods and review clauses - were still "dramatically different".

 

While the EU wants to lock in joint production standards for the future, as well as ensuring a long-term perspective for its fishing industry, the official said, Britain wants to be able to drop any such commitments after several years.

 

(Reporting by Marine Strauss, Gabriela Baczynska and Robin Emmott, additional reporting by Sarah Young and Elizabeth Piper in London; Writing by Gabriela Baczynska; Editing by Gareth Jones and Peter Graff)

 

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-- © Copyright Reuters 2020-11-26
 
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it is simply said You wish  something  from me U.K. .... so i E.U. wish something from you in return .....not possible  ?...O.K. a stalemate ... called no deal    That is  it  in essenc

So strange of the EU to want a level playing field with equal labor and environmental requirements. For those Brits who are moaning these are the same requirements Canada had to agree with in their fr

It is a pity that you don't bother to use the conventions of full-stop, capital letter and other grammatical indicators that would have made your comment readable. That said, the trouble with the "let

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its the duty and purpose of both govts to afford an agreement that continues our prosperity ,freedom to move,travel and work with in a new framework.the uk has left the eu and its territory is now independent,that cannot be excluded within the terms of a new agreement.fishings a small part of the overall picture,uk must allow the french in particular access to uk waters but they no longer have a right to fish in another countrys waters.they are no longer eu waters.a canada agreements been left in the gutter .why?we have millions of eu workers in uk they should remain there and new people allowed to come in search for work ,retire there if they wish and vice versa.to not do so is retarded for individuals economies and countries alike.uk or eu nationals cannot now move to other countries to afford themselves of benefits at higher rates.work yes retire yes but support ourselves not on another states resources.this must be applied in even stronger terms to non eu people who enter the eu or uk ,just because they wish to move to a place that affords greater benefits and they break the law to do so doesnt allow them that right.

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No deal will be bad for the EU; but disastrous for us as we lose tariff free access to our largest market.

 

Much of the financial services industry has already moved to the EU. From 1/10/20 More Than 7,500 Financial Services Jobs Move to Europe from London: EY Brexit Tracker

Quote

More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday.

 

Manufacturing jobs are under threat, too. For example; despite the much vaunted by the government Japanese trade deal, from 18/11/20 Nissan warns on its UK future without a Brexit deal

Quote

With a Brexit deadline just days away, Britain's biggest car plant "will not be sustainable" if there is no deal, Nissan has warned.

The company employs 7,000 workers at its Sunderland factory but said that increased tariffs would raise costs.

It cautioned that any delay in overseas supplies of parts because of new customs checks could slow production.

 

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3 minutes ago, Loiner said:

<snip>

They both fully deserve the mire they have created by trying to punish the UK for Brexit.

How have they created the mire?

 

How have they tried to punish the UK?

 

Not the first time you've been asked these or similar questions. Will you answer this time or, by ignoring them, prove yet again that you are merely repeating mindless propaganda with no facts to back it up?

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8 hours ago, webfact said:

"Sometimes you can get a good result in extra time," Ireland's Micheal Martin said when asked if time was running out for an agreement.

EU and Ireland still hoping for a Ferguson Man U style win.

Well Boris will be blowing the final whistle before either get that.

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Not easy to build a future with people/countries (UK) who are living in a time period before they even were born ...

 

It looks nice to show a map with just one block and no gaps but when you zoom in you'll know they're just not worth it.

 

EU, let go ... enough.

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lets make this clear straight off,im doing this on a small keyboard on a phone thats old. we are not on some idiotic grammar quest,this is a forum to exchange ideas.im not a brexiteer nor do i hold an extreme position,we are in a position that is a result of a referendum i personally dont approve of it but thats NOT the point.the democratic process must be respected.so i wish to remind the parties involved that their responsibility is to their citizens welfare and prosperity.not a political dogma,that goes for both teams.my point is clearly that a negotiation will enable the city t serve the europeans and the world financially as other places cannot,uk is a service ind economy they need to make an agreement as  does europe its in both parties interests.im right and your wrong will settle nothing and this dogmatic approach will help neither.uk will be as other countries close to eu and further apart geographically.we need and so do they the movement of workers retirees to continue much as before as theres so much to lose if we do not.the past cannot be changed so we must make the best of where we are right now

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