Reuters reports that a top official with the bloc said that the European Union is still negotiating a trade deal with Britain. He added that any agreement that may emerge between negotiators must still be approved by the 27 member states.
European Council President Charles Michel said the next few days will show what comes next and the 27 leaders meeting remotely on Dec. 10-11 will take a position on the latest developments.
"It's unfortunate that it took longer than planned, but we're still currently negotiating," Michel told a news conference. "We'll see over the next few days what the next steps are at this point in the negotiations."
He said the bloc's executive, the European Commission, which is negotiating with Britain on behalf of the 27 EU countries, will inform member states of the result of the negotiations once they are concluded.
"We want a deal but not at any price," Michel said. "For the European Union ... the 'level playing field' is key."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.