You are here: Home » International » Brexit » News
Business Standard

UK PM Johnson expresses "desirability" for trade deal with European Union

Ahead of a European Union summit, UK Prime Minister Boris Johnson expressed the "desirability" of a new trade deal with the bloc, but also his disappointment that more progress had not been made

Brexit | Boris Johnson | European Union

IANS  |  London 

Photo: Reuters
Photo: Reuters

Ahead of a (EU) summit, UK Prime Minister expressed the "desirability" of a new trade deal with the bloc, but also his disappointment that more progress had not been made.

Johnson's comments came during a phone call with European Commission President Ursula von der Leyen and European Council President Charles Michel on Wednesday evening, Downing Street said in a statement.

The leaders discussed the latest state of play of the negotiations on Britain's future relationship with the EU, reports Xinhua news agency.

Johnson "noted the desirability of a deal, but expressed his disappointment that more progress had not been made over the past two weeks", the statement said.

"The Prime Minister said that he looked forward to hearing the outcome of the European Council and would reflect before setting out the UK's next steps in the light of his statement of 7 September," it said.

Johnson said last month that a future trade deal needs to be agreed by mid-October to enable it to be approved ahead of January 1, 2021.

While Michel Barnier, the EU's chief negotiator, said the deal needs to be ready by the end of October.

Both sides started the lengthy post-talks in March after the UK ended its EU membership on Januart 31, trying to secure a future trade deal before the transition period expires at the end of the year.

If there is no deal in place, the UK will trade with the EU on terms of the World Trade Organization (WTO) in 2021.




(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, October 15 2020. 11:04 IST