Now is the time to push back the EU trade deal deadline. What is Labour’s split over the possible EU trade deal about? Trade relations between the EU and US have been rocky since Donald Trump was elected on a platform of protectionism and nationalism. Shadow Cabinet Office minister Rachel Reeves said: "Government sources overnight are saying it's the last throw of the dice - I just say to the Prime Minister, this is not a game of snakes and ladders. Mr Eustice said the UK has done a lot of preparations to leave without a deal in place and added Britain would be ready for a no deal. The UK and EU have restarted talks on post-Brexit trade, with a minister telling the BBC there is "still a deal to be done" despite time running short. The former prime minister said Mr Johnson's confrontational approach will make him the "most isolated prime minister in peacetime history" in the event of a no-deal Brexit. EU sources claimed the plan would see a phasing in of new rules over a five to seven year period. News; UK, EU to continue trade talks until Sunday; UK, EU to continue trade talks until Sunday . ', No deal ready! "Food, drugs and everything else would find it difficult to get into the country without tariffs and without holdups. ", 9.03pm update: Major breakthrough on fishing rights brings Brexit deal close. News; National News UK-EU trade deal talks continue amid reports of progress. Sources revealed this morning that EU-UK trade talks will continue via videoconferencing with the focus on divvying up fishing quotas and ensuring fair competition for companies. the latest news on EU trade; new trade negotiating texts, reports and studies ; upcoming events and consultations; EU Trade Commissioner's statements . Mr Coveney was responding to the UK Government’s plans to press ahead with legislation that would break an earlier Brexit deal agreed with the EU. All the latest news about EU-UK post-Brexit trade talks from the BBC Voices. A new EU-UK trade agreement will “definitely” not come together on Sunday night, an official with the bloc said, adding that three most contentious issues remained unresolved. Subscribe to the EU Trade Newsletter. LONDON (AA): British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen have agreed to continue negotiations on a post-Brexit trade deal until Sunday, according to a statement from Downing Street. The European Commission issues this newsletter to inform the public about its initiatives and activities in the area of trade. When discussing fishing rights, he said there could be a “multi-year” agreement but warned the UK wants to “control access to our waters”. The minister said the UK was prepared to make some agreements on the level playing field, but not on the Government’s ability to make its own laws. By Ahmet Gurhan Kartal. We also work with the IP offices of the EU Member States and international partners to offer a similar registration experience for trade marks and designs across Europe and the world. "This piece of legislation is an offer. Ms Reeves was repeatedly pressed about Labour's position, to which she replied the Opposition wanted to see the content of any deal. "This is about people's jobs, about people's livelihoods, the Government has got to deliver on the promises they have made and we will hold them to it.". THE UK and European Union have agreed to extend post-Brexit trade deal talks in a last-ditch attempt to reach an agreement, but should Boris Johnson walk away from the … Towards open and fair world-wide trade. By Press Association 2020 UK and EU flags. He said: This is a crucial week and I know people will roll their eyes when they hear 'another crucial week in Brexit', but it really is…. The EU demanded yesterday the UK offer 10 years of unfettered access to British fishing waters in an attempt to secure a deal. 6.55pm update: Irish PM says Brexit talks on a knife edge - with chances of deal 50-50. The UK will face an "economic war" with Europe and America if Boris Johnson fails to negotiate a Brexit deal, Gordon Brown has warned. But cabinet ministers - even those who backed remain - have urged the Prime Minister hold strong and refuse to “mirror” EU rules when the transition period ends. (AP Photo/Kirsty Wigglesworth) Does ‘no progress’ in EU trade talks mean hopes of a deal are fading? 8.01am update: Ireland confident a deal can still be done. A senior figure in No10 warned the chances of getting a deal were “no better than 50-50” despite more than four years and five months of negotiations. Trump torpedoes TPP trade deal. EU backs ‘mini’ lobster trade deal with US after Biden defeats Trump "We have more in common than divides us," said EU legislator Bernd Lange. The post-Brexit trade talks between the UK and the EU are going down to the wire, and need to make progress in the next few days if a deal is to emerge before the end of the year. Free trade among its members was one of the EU's founding principles, and it is committed to opening up world trade as well. Express. He told RTE radio: "The problem linked to those pieces of legislation may find a way of disappearing if we can get the negotiation agreed on the substance.”, 1.30pm update: Irish minister confident ‘there is a deal to be done’. Disclaimer. Philip Rycroft, who was a civil service head at the UK Department for Exiting the European Union between 2017 and 2019, told BBC Breakfast things were "looking a bit grim" for a trade deal. From 1999 to 2010, EU foreign trade doubled and now accounts for over 30% of the EU’s gross domestic product (GDP). 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