Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

EU's Barnier resumes Brexit trade talks in London

Published 10/27/2020, 06:15 AM
Updated 10/27/2020, 06:41 AM
© Reuters. FILE PHOTO: European Union's Brexit negotiator Michel Barnier arrives at 1VS conference centre ahead of Brexit negotiations in London

LONDON (Reuters) - European Union chief negotiator Michel Barnier resumed talks in London with his British counterpart on Tuesday as the two sides try to strike a last-minute trade agreement less than 10 weeks before the United Kingdom leaves the bloc's orbit.

The United Kingdom left the EU in January but the two sides are trying to clinch a deal that would govern nearly a trillion dollars in annual trade before informal membership - known as the transition period - ends on Dec. 31.

There is very little time left to bridge significant gaps between Britain and the EU on sticking points in talks about a post-Brexit trade deal, Prime Minister Boris Johnson's spokesman said on Monday.

"There is also much work to be done if we're going to bridge what are the significant gaps that remain between our positions in the most difficult areas and time is very short," the spokesman said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.