Negotiators struggled on Wednesday to clinch an eleventh-hour Brexit deal on the...
BRUSSELS/DUBLIN - Negotiators struggled on Wednesday to clinch an eleventh-hour Brexit deal on the eve of an EU summit, raising the chances that Prime Minister Boris Johnson will have to seek an extension of the Oct. 31 deadline for Britain’s exit from the bloc.
Although differences over the complex divorce between the world’s fifth-largest economy and its biggest trading bloc have narrowed significantly, EU sources reported on Wednesday that the two sides had reached a “standstill”. The question is how to prevent the frontier becoming a backdoor into the EU’s single market without erecting controls which could undermine the 1998 peace agreement that ended decades of conflict in the province.
Pro-Brexit lawmakers from Johnson’s governing Conservative Party say they will only back deal if it has gained the support of the DUP, which fears Northern Ireland could be left behind in the EU’s orbit when Britain leaves. But parliament has passed a law saying Britain cannot leave without an agreement, and Johnson has not explained how he can get around that.Ireland’s Varadkar said in a speech that if the remaining issues cannot be resolved before this week’s EU summit, there was still time left to act before the Oct. 31 deadline.
“The UK wants us to legally commit to sealing a free trade agreement with them in the future that would be tariff-free and quota-free. But we can’t do that, it would be prejudging the future negotiations and tying our hands,” one diplomat said.Reports of a possible collapse in negotiations hit sterling and stocks in London.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Brexit deal within reach in last-ditch talks, but doubts remainBrexit deal still possible this week: EU’s chief Brexit negotiator Michel Barnier. Read more:
Leer más »
Just hours left to secure a Brexit deal before EU summitThe European Union’s chief Brexit negotiator Michel Barnier says that reaching a deal on Britain’s departure from the bloc before the scheduled date of Oct. 31 has become 'more and more difficult.' Read more
Leer más »
Brexit Talks Resume as Deadline Looms, but Hurdles RemainTalks between the U.K. and European Union toward a draft plan for Britain to leave the bloc continued, after negotiations late into the night failed to resolve key final issues
Leer más »
Australian shares jump amid hopes of draft Brexit dealAustralian shares rose in early trade, with Japanese markets also poised for a higher open, as news overnight boosted Brexit optimism.
Leer más »
Global stocks edge higher on Brexit hopes, trade optimism fadesGlobal stocks edged higher on Tuesday yet safe havens were still in play as mark...
Leer más »