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EU EU Trade Talks "Heavy Task", The EU Proposed To Extend The Transition Period

2019/12/19 10:15:00 0

EU EU Trade NegotiationsEU

After the British "double 12" election, Prime Minister Johnson is stepping up his steps to lead Britain off Europe in January 2020 and negotiate trade agreements with the EU in the 11 month transitional period. However, the EU believes that the negotiations are difficult and difficult to reach an agreement on time, and Johnson will not seek to extend the transitional period voluntarily. Therefore, it is proposed to extend the delay to the British side.


According to reports, according to Johnson's previous EU agreement with the European Union, the United Kingdom will move into a 11 month transitional period after its departure from Europe in January 31, 2020. During this period, the two sides will consult on trade relations. The transitional period will be closed on December 31, 2020, but it can be extended for one to two years with mutual consent.


However, if Johnson seeks to postpone, it will violate his political commitment, and once it is postponed, Johnson will have to negotiate with the European Union on the part of the British side to pay the EU's extra budget, which will inevitably disrupt its deployment in Europe, so it is unlikely that he will ask for an extension.


Reported that, in view of this, EU officials are considering extending an olive branch to the British side, offering to extend the transition period and reduce the cost of the British side, in return for Johnson's cabinet approval for the extension.


On the 13 day, Leyen, chairman of the European Commission, said that it would be a major challenge to discuss trade agreements in just 11 months, and that negotiations could be carried out in stages, such as priority in dealing with issues such as trade in goods and fishing rights. The agreement on financial services and aviation industry could be left for discussion after 2021.


However, the guardian pointed out that the financial services industry is what Johnson would like to give priority to. Leyen's order of negotiations is likely to cause British discontent, and some EU officials have also made a few remarks about her proposal.


On the other hand, the Conservative Party in the general election, from the hands of the Labour Party to seize many seats in the northern industrial town of Johnson, 14, Johnson made special trips to these constituencies to thank the vote, indicating that it will return the trust of supporters. The queen will deliver a speech at the parliament on the 19 th, announcing the new administration's outline, including a commitment to vote on the EU agreement before Christmas.
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