The negotiators of the European Union have made “progress“in talks to reach a ‘post-Brexit’ trade pact with the United Kingdom, although there are still agreements to be reached on several issues, such as the fishing, at a time when the process goes through a “critical phase”. “We are progressing well, but on the two most important points, the equality of conditions of competition and fishing, we would like to have made further progress “, said the President of the European Commission, Ursula von der Leyen, at a press conference after emerging from a mini-summit between the EU and Canada.
The UK, which officially left the EU on January 31, will continue to apply European standards until the end of this year. London and Brussels strive for a trade deal that would enter into force as of January 1, 2021. A common goal that would avoid a potentially devastating effect on the economy.
Mechanism of disagreements
The negotiations have entered “for a week” in “a critical phase” and intense, Von der Leyen recalled. Negotiations now focus on Europeans’ access to fishing grounds in British waters, the guarantees required of London on competition matters, and how to deal with differences that may arise in the future agreement.
It is mechanism to resolve disagreements, which should be started if one of the two parties does not comply with the agreement, particularly in competition matters, is “crucial”, insisted the president of the Commission. “It is the point at which we will have to work in depth in the coming days,” he added.