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EU readies 'super-charged' free-trade deal, but may still fail to please UK

The offer will be in the form of a non-binding declaration that will form part of the Brexit deal

Topics
Brexit Deal  |  Trade Deal  |  Free Trade

Bloomberg 

The European Union is set to offer the UK a free-trade deal deeper than any agreement that’s gone before, but will reject Prime Minister Theresa May’s demand for “frictionless trade," according to EU diplomats.

The EU’s vision for future ties with Britain will contain “about 30-40 percent” of May’s pitch for a wide-ranging trade and security deal, according to two of the diplomats. Chief negotiator Michel Barnier’s team gave European ambassadors an outline of his proposal on Friday, and will formally present it to them -- at least ...

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First Published: Sat, October 06 2018. 13:06 IST
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