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Trade

EU chief says UK trade pact closer but success not certain
World

EU chief says UK trade pact closer but success not certain

  • Britain and the European Union moved closer to sealing a new trade deal but it was still not clear if they would succeed, the bloc’s chief executive said on Wednesday.
  • Britain and the EU are in the final stretch of talks to keep an estimated one trillion dollars of annual trade free of tariffs and quotas beyond Dec. 31, when the United Kingdom finally transitions out of the world’s largest trading bloc.
Published 16 Dec, 2020 05:38pm
India and UK to move forward on trade talks as Johnson plans visit
World

India and UK to move forward on trade talks as Johnson plans visit

  • India and Britain will push negotiations on trade ties, their foreign ministers said after talks in New Delhi on Tuesday, as both countries seek to restart economies battered by the coronavirus pandemic.
  • Trade and investment will be high on the agenda of Prime Minister Boris Johnson, who will travel to New Delhi in January, his first bilateral visit since taking office.
Published 16 Dec, 2020 12:57pm
Moment may come to end post-Brexit EU trade talks, UK PM Johnson says
World

Moment may come to end post-Brexit EU trade talks, UK PM Johnson says

  • Prime Minister Boris Johnson said on Tuesday that Britain could call an end to post-Brexit trade talks without a deal being reached.
    • This statement came only a day after the Prime Minister agreed to meet the European Commission head in a last-ditch attempt to break the stalemate.
Published 08 Dec, 2020 06:27pm