Ireland\u2019s Minister of Foreign Affairs and Trade, Simon Coveney, recently said that the United Kingdom (UK) is making negotiations for a new trade deal with the European Union (EU) more difficult by pushing for legislation that undermines international law.<\/p>\n\n\n\n
“There is a growing sense that perhaps the United Kingdom does not want a deal and that it is more about managing the blame game as the negotiations fail,\u201d the minister was quoted by Reuters as saying.<\/p>
“I believe the prime minister and the UK government do want a deal. Even though they are behaving in a strange way to get that done in terms of the legislation coming through.\u201d<\/p>
“People have been very taken aback by the deliberate strategy coming from the British government. This is very damaging to Britain’s reputation outside the bubble of Brexit discussions.\u201d<\/p>
“Undoubtedly, the tactics of the British government have made an already very complex negotiation even more difficult. Of course, if the legislation continues, there will be a legal response from the EU, I expect.\u201d<\/p><\/blockquote>\n\n\n\n
<\/p>\n\n\n\n
The British House of Commons is expected to pass a bill that allows the government to break parts of international law, in order to bide by the BREXIT agreement with the EU and leave without a trade arrangement.<\/p>\n\n\n\n
The Boris Johnson cabinet defended the draft law saying that it would only break international law in a very specific and limited way.<\/p>\n\n\n\n
Meanwhile, The EU Chief Negotiator, Michel Barnier, said on Wednesday that the European bloc is determined to reach a Brexit trade deal with Britain.<\/p>\n\n\n\n
“We remain calm, respectful, realistic and firm,” Barnier said.<\/p>\n\n\n\n
The UK government sees no prospect for extending the transitional period for BREXIT negotiations.<\/p>\n\n\n\n
The transition or the the implementation period ends on 31 December 2020, however, talks for a new trade agreement between London and the EU have recently stalled with a number of disagreements.<\/p>\n\n\n\n
The UK\u2019s Prime Minister Office reiterated earlier this month that there would be no extension to the period and expressed optimism about reaching an agreement soon.<\/p>\n\n\n\n
However, there is more than a 30% chance for a no-trade deal Brexit, according to a recent report by JPMorgan.<\/p>\n\n\n\n
\u201cThe chance of no-deal is about a third, but with brinkmanship part of the process, it may appear higher than that before the agreement is reached,\u201d according to JPMorgan.<\/p>\n\n\n\n
\u201cIt would be a surprise to us if enough progress were made to bring agreeing a Treaty by end October into view.\u201d<\/p><\/blockquote>\n\n\n\n
\u201cThe absence of that progress will generate pressure for interventions from UK and EU leaders; however, at this stage, we see little that suggests any major softening in the EU\u2019s position or unity around it.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Ireland\u2019s Minister of Foreign Affairs and Trade, Simon Coveney, recently said that the United Kingdom (UK) is making negotiations for a new trade deal with the European Union (EU) more difficult by pushing for legislation that undermines international law. “There is a growing sense that perhaps the United Kingdom does not want a deal and …<\/p>\n","protected":false},"author":10,"featured_media":32423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[49],"tags":[6865,6917,6835],"class_list":["post-34434","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economic-reports","tag-brexit","tag-eu","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34434"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34434\/revisions"}],"predecessor-version":[{"id":34435,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34434\/revisions\/34435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32423"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}