Posted on Sep 21, 2020
The European Union and United Kingdom need to accelerate talks on a future trade deal since it is now impossible to rule out there being insufficient progress in the talks, leading to a no-deal outcome, Reuters reports European Commission Vice President Valdis Dombrovskis as saying on Monday.
“There are many outstanding issues. Progress on a number of key EU asks so far is not sufficient. So we would need to intensify negotiations substantially if we are to reach a successful outcome,” Dombrovskis told a news conference after a meeting of trade ministers in Berlin.
“The alternative of a no-deal Brexit is not appealing, but we cannot exclude it.”
Former Latvian Valdis Dombrovskis is due to take over the post as trade chief of the EU following the resignation of Ireland’s Phil Hogan.
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