{"id":42420,"date":"2020-12-04T14:54:31","date_gmt":"2020-12-04T14:54:31","guid":{"rendered":"http:\/\/thevoiceoflondon.co.uk\/?p=42420"},"modified":"2020-12-04T14:54:31","modified_gmt":"2020-12-04T14:54:31","slug":"time-is-ticking-o","status":"publish","type":"post","link":"https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/time-is-ticking-o\/","title":{"rendered":"Time is ticking on Brexit trade deal"},"content":{"rendered":"

We\u2019d forgotten about it too. But Brexit is back. Talks are reaching a crucial stage as the transition period deadline quickly approaches on 31st December.<\/strong><\/p>\n

http:\/\/thevoiceoflondon.co.uk\/how-brexit-will-impact-freedom-of-movement-for-eu-students-workers-and-tourists\/<\/a><\/p>\n

Michael Barnier, the EU\u2019s chief negotiator, is currently in London, but leading news outlets have described the situation as very tenuous.<\/p>\n

Despite the news, markets remained buoyant this morning with the FTSE up 44 points to 6534 as of Friday lunchtime.<\/p>\n

Detrimental effects are expected to the UK market if a deal cannot be reached by the 31st\u00a0<\/span>December with the EU. If a deal is not brokered, then trading will continue under World Trade Organization rules. This will begin a new era in UK-EU trade with tariffs charged on any goods exchanged between the two.<\/p>\n

Whilst both sides parley for a better deal amid seemingly non-existent compromise, France, via Cl\u00e9ment Beaune have threatened to oppose anything non-beneficial to themselves or their partners.<\/p>\n

“We have always been transparent about our interests, the Brits less” – Cl\u00e9ment Beaune, European Affairs Minster for France<\/p><\/blockquote>\n

A Downing Street spokesperson has pointed to the significant interest in UK \u201csovereignty\u201d as a potential breaking point for the talks whilst admitting worries that time is running out.<\/p>\n

\u201cSovereignty\u201d was later explained to mean border control, trade control and fishing territory\u201d.<\/p>\n

Meanwhile, the EU is mainly concerned with the UK maintaining EU approved environmental and social standards.<\/p>\n

Whilst jockeying continues over the post-Brexit lie of the land, what is clear is that the risk of no-deal, is more apparent than ever, as both sides jostle for standing at the negotiation table.<\/p>\n

Words by William Murray | Subbed by Sam Tabahriti<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019d forgotten about it too. But Brexit is back. Talks are reaching a crucial stage as the transition period deadline quickly approaches on 31st December. http:\/\/thevoiceoflondon.co.uk\/how-brexit-will-impact-freedom-of-movement-for-eu-students-workers-and-tourists\/ Michael Barnier, the EU\u2019s chief negotiator, is currently in…<\/p>\n","protected":false},"author":476,"featured_media":42432,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[998,6426,6547],"class_list":["post-42420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-brexit","tag-tradetalks","tag-uk-eu-deal"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t