EU and UK on brink of post-Brexit trade deal

All in Brussels and London are waiting with bated breath for the good news of a Brexit trade deal. A press conference is expected on Thursday.

In the early hours on Thursday, Eric Mamer, chief spokesperson of von der Leyen’s Commission twitted: “Brexit work will continue throughout the night. Grabbing some sleep is recommended to all brexit-watchers at this point. It will hopefully be an early start tomorrow morning.”

Sources in London and Brussels said a deal was close as British Prime Minister Boris Johnson held a late-night conference call with his senior ministers, and negotiators in Brussels pored over reams of legal texts, Reuters reported.

Three topics in the negotiations over the past nine months were particularly grim. These were fishing rights, government support for industry and how a deal is enforced.

Significant progress has been made but as they say in Brussels “Nothing is agreed until everything is agreed”.

The UK left the EU on 31 January this year, but remains under Union’s trading rules until 31 December, seven days more.

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