Investing.com investing.com 19 Dec, 2020 22:00 am

Britain digs heels in as deadline looms on post-Brexit trade talks By Reuters

Britain digs heels in as deadline looms on post-Brexit trade talks By Reuters
Britain digs heels in as deadline looms on post-Brexit trade talks

The European Parliament on Saturday repeated its call for a deal to be reached no later than this weekend, to give it time to properly ratify the agreement.29 if a deal was struck no later than this weekend.However, if a deal arrived later than this weekend, the 27 EU member states could still endorse it on their own to allow for "provisional application", a scenario that would be likely to upset European lawmakers.Debate on future relations between Britain and the EU at European Parliament in Brussels By Kate Abnett and Elizabeth Piper BRUSSELS/LONDON (Reuters) - Britain reiterated on Saturday that it would prefer to leave the European Union with no trade deal rather than compromise its independence while there was no word from Brussels on whether progress had been made after a crucial day of talks.

"We need to get any deal right and based on terms which respect what the British people voted for," said a UK government source.Both sides need to get any deal approved by their parliaments, and with the talks in their final stages, it is expected that any conclusion will most likely come before Christmas.

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