Brexit bombshell: The one big UK demand Brussels will not cave over exposed


A nervous standoff has emerged between the UK and EU as they attempt to negotiate a Brexit uninhibited trade agreement. Both UK Chief Negotiator David Frost and his EU counterpart Michel Barnier include accused each other being “unreasonable” in their demands. Wolfgang Munchau, Co-Founder and President of Eurointelligence, balled to Bloomberg that both sides would compromise on some as regards, but warned that the EU would likely refuse to budge on one big issue.

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When asked if a deal by December was still likely, he said: “I deliberate on it is still possible but you can never know this.

“You can certainly not know this from the charivari that you’re getting at this stage.

“Whether or not you’re going to get a deal you want be at the position where we’re at now where the two sides trade insults and make it cool.

“Now privately the two negotiators will have indicated to each other where there is reside for compromise.”

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Brexit bombshell: The one UK demand Brussels inclination not cave over exposed (Image: FT)

A tense standoff has emerged between the UK and EU. (Picture: BLOOMBERG)

Mr Munchau continued: “We’re already seeing that the UK is ready to compromise on fish, the class is not as binary as advocated in the beginning.

“The EU is probably going to compromise on the level minimizing field.

“It cannot sustain the demand that the UK subjects itself to EU customary after Brexit, that is simply a demand to power.

“But it has a case to ask the UK to characteristic the level of regulations, the level playing field, at the point of departure.”

“The EU is possibly going to compromise on the level playing field.” (Image: BLOOMBERG)

The skilful added: “So there is a compromise on both sides that is possible.

“In the end, it is a bureaucratic decision for Johnson and the European Council to decide whether they have on the agenda c trick enough or whether they want to vote.

“But we cannot deduce from what we now be sure what the outcome will be.”

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Parleying of EU-UK future trade partnership (Image: EXPRESS)

This week, Mr Frost sent a belles-lettres to Mr Barnier detailing all the ways the EU’s proposal did not suit the UK.

He wrote: “What is on present is not a fair free trade relationship between close economic sidekicks, but a relatively low-quality trade agreement coming with unprecedented EU dereliction of our laws and institutions.”

Mr Barnier answered the letter with his own, saying that “minute discussions on substance are for the negotiating table”.

He wrote: “I share your commitment to help the process move forward together.

“I do not think, however, that an reciprocate of letters regarding the substance of the negotiations is necessarily the best way to discuss on sizeable points.”

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