Published 13:38 IST, February 26th 2020
EU negotiator Michel Barnier refuses to strike post-Brexit trade deal 'at any price'
EU's head of negotiations with the UK, Michel Barnier has said that Brussels wants “fair and balanced” trade agreement as negotiations will begin next week.
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As European Union will soon begin post-Brexit tre talks with UK, EU's he of negotiations with Britain, Michel Barnier has said that Brussels wants “fair and balanced” tre agreement. 27-nation bloc also warned London that it would t cut a deal regardless of cost. After bloc's ministers agreed on insisting so-called “level playing field” rules and access to British waters for European fishermen, Barnier told reporters on February 25, “we will t conclude an agreement at any price”. UK-EU negotiations will officially begin next week which lay foundation of future relationship based on commitments me by 27 nation members. Barnier, however, has promised that discussions to reach an agreement will happen in “good faith”.
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EU approves tough mandate
On February 25, member nations of EU gave Barnier a reportedly robust mandate for tre talks with its ex-member, Britain. According to international news ncy, approved mandate is more likely to set up a clash over Britain's demands to export to continent on its own terms without following rules and regulations offered by bloc. However, EU members are reportedly insisting that if UK wants to strike best possible tre deal, it will have to follow certain EU laws and keep its fishing waters to be open for bloc.
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Earlier this month, UK Prime Minister Boris Johnson h clearly stated that London would t here to rules imposed by EU. Johnson stressed need for a 'comprehensive free-tre agreement' similar to 'Cana-style' agreement with EU. He furr denied settling into any tre accord which would require UK to follow bloc's rules. Inste, British PM says that 'EU should be obliged' to follow Britain's rules as according to him, Britain is doing 'better' than 27-nation-bloc in many ways.
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Johnson has said, “re is need for a free-tre agreement to involve accepting EU rules on competition, policies, subsidies, social protection of environment or anything similar, any more than EU should be obliged to accept UK rules. UK will maintain highest and better standards in se areas than those of EU without compulsion of a treaty.”
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(With ncy inputs)
13:07 IST, February 26th 2020