The EU and UK entered the final negotiating hours on Brexit

The EU official warned that negotiations on relations with the UK were at a decisive point and the two sides had very little time to finalize the negotiations and put the agreement into effect from January 1, 2021.

European Commission (EC) President Ursula von der Leyen (right) and British Prime Minister Boris Johnson during a meeting in Brussels, Belgium on 9 December 2020. (Photo: THX / TTXVN)

On December 18, European Union (EU) and UK officials began the final round of future relations negotiations, as both sides warned that there are still major disagreements on some issues and dangers. chances of not reaching the agreement on time.

Just hours before the two sides sat at the negotiating table, EU chief negotiator Michel Barnier warned that talks on relations with the UK were at a decisive point. He emphasized that the two sides have very little time to complete the negotiations and put the agreement into effect from January 1, 2021.

UK and EU Officially terminate all obligations from midnight 31/12/2020. EU delegation leader Barnier stated that the most hindering issue is still right fishing and Brussels firmly maintained the view that to ensure fairness, European fishermen must have access to British waters.

He pointed out that while British companies trading in other sectors are still guaranteed stable rights, EU fishermen are not guaranteed access to British waters. The European official also said that the EU needs to prepare for all possible situations.

Meanwhile, the senior UK government school official Nick Gibb called this a serious situation. He said London has tried everything to reach an agreement with the EU but will not trade national sovereignty just to do this.

Earlier, the British negotiator David Frost and Prime Minister Boris Johnson had also given similar messages. The Office of the British Prime Minister still firmly asked the EU to change its view “significantly” with a warning that time is running out.

Prime Minister Johnson and his government have said they wanted a deal, but “happily” left and made a bilateral exchange under World Trade Organization (WTO) rules because with Britain, this still a good result.

On December 17, UK Cabinet Chief Michael Gove said the chance of reaching an agreement was about 58%.

In a phone call at the end of December 17, British Prime Minister Boris Johnson and President of the European Commission (EC) Ursula von der Leyen were unable to find a way to troubleshoot the negotiations.

The UK nominally left the EU since January 31, but the two sides have a transition period extending to the end of 2020 to negotiate an agreement on bilateral relations in the post-period. Brexit.

From midnight 31/12, the UK will officially terminate all ties with the EU, whether or not there is an agreement to ensure bilateral relations are not cut off suddenly.

Notably, the fact that the two parties eventually “break up” without a commercial agreement will cause all trading activities to comply with the regulations of the WTO, with tariff barriers blocking all trade flows that have been integrated for 47 years./.

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