Brexit: United Kingdom – EU Extend time to negotiate a trade deal – BBC Thailand
The United Kingdom and the European Union (EU) agreed to continue negotiating a trade deal to be applied after Brexit. Prime Minister Boris Johnson warned Britain must be prepared in the event of a trade deal with the EU.
In a joint statement between Mr. And Ursula der Lieen, chairman of the European Commission (EC), said an extension of the trade negotiations between the parties was “The responsibility at this point requires extra effort” to come to a consensus on whether a new trade deal will be entered into after the UK will cease to comply with the original agreement with the EU on date. 31 Dec.
Both sides stated that Today’s talks are the deadline to decide whether to continue the trade talks, however, it is unclear how long the negotiations will continue. But the final deadline is December 31, 2018 and will have to allow time for the UK Parliament and the Council of Europe to vote on a deal that would Before this deadline too
In the telephone negotiations, Mr. Johnson and Der Leyen discussed “the big unsolved issues”.
The chair of the European Commission said the talks with British leaders today were “constructive and wholesome”.
But Mr. Johnson Reiterated the warning he had said earlier that It is “very likely” that the UK may not have a new trade deal with the EU. Because both sides still have very different opinions on various important issues and the UK must be prepared to adopt the World Trade Organization (WTO) trade conditions.
The UK formally withdrew from the EU on 31 Jan 2020, but retained the same trade agreement in “Transitional period” ending 31 Dec 2020
The two sides have been negotiating a new trade deal to use after Brexit since months. Mar. ago But must be prolonged because there is “Important issues” that still cannot be agreed upon Is about fishing rights Government support for industry And how to enforce the trade agreement of two parties
If the new trade agreement is not reached by Dec. 31, the two sides must trade with each other using the terms and conditions of the WTO. Which will bring the import-export tax system to be used This will result in the UK having to buy products from the EU at higher prices. And British products sent to sell in the EU have a higher price as well.
Business groups criticize the ongoing uncertainty. It will make companies very difficult to prepare for January 1, 2021 as the Labor Party. British opposition urges Prime Minister Johnson to find a way “Achieving an agreement” to enable the country to move forward
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Brexit on basic issues
- Brexit has happened. But the rules have not changed immediately. :Britain has left its EU membership since 31 Jan 2020, but the leaders of both sides need 11 months to negotiate a new trade deal.
- Negotiations are in progress : The UK and the EU have negotiations until 31 December to get a new deal on trade, fisheries and other matters.
- What will happen If not agreement : There will be a surveillance at the border. And taxation of goods through the border between the two parties, whether it has a new agreement or not We will see a number of changes in this area.
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