Post-Brexit negotiations extend under threat of veto

“We do not want to be stuck in an unbalanced relationship for decades. We do not want to have to explain to our companies why they are displaced in their market by British corporations in a less regulated environment,” said the diplomat.

At the European level, diplomatic sources mention a concern about the open preference of Germany and the European Commission in finding an agreement quickly.

This Friday, Steffen Seibert, spokesperson for Chancellor , came to the crossroads of these versions by stating that “the EU is ready to reach a post-Brexit agreement but not at any price.”

The day before, a diplomatic source commented that the team of the main European negotiator, Michel Barnier, was “within millimeters” of the limit of its mandate, and that therefore there would be no room for new concessions in those talks.

In this picture, leaders of the European Parliament have already advanced that they would need time to review the document before submitting it for ratification, and that they will not limit themselves to stamping any document presented to them at the last minute.

The leaders of the European Union have a summit scheduled for December 10, and in Brussels it emerged that several of them already announced that they want to have all the information available.

London and Brussels are trying to bring together positions in conflictive areas such as the management of fishing quotas, the rules of competition between companies and the governance of the future agreement, which would regulate bilateral relations as of January 1, 2021.

If there is no pact, both parties would be governed in their trade by the more general, and less favorable, tariff requirements of the World Trade Organization (WTO).

European diplomats in Brussels suggested that another option would be to let the UK exit the single market on January 1 without a deal and attempt new rounds of negotiations later in 2021.

With information from . and .

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