EU Free Trade Agreement with Britain Will Negotiate for “Transition Period” Dec. 14:48

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The EU-European Union renewed its policy to conclude a free trade agreement with the UK after the withdrawal in response to the prospect that the UK will leave in January next year. The next focus will be to be able to conclude negotiations during the transition period.

The EU held a summit on the second day of the 13th, and exchanged opinions on the prospect that the UK would leave the end of January next year as a result of the British general election.

The leaders confirmed that after leaving the country, they would establish a close relationship as much as possible, such as by signing a free trade agreement with the UK, and that the negotiations would start immediately after leaving.

EU President Michel showed his willingness to start negotiations at the press conference after the meeting, saying, "We are ready to move on to the next stage."

Negotiations with the United Kingdom will take place during the “transition period”, which will take place until the end of December next year. In terms of the period, British Prime Minister Johnson has stated that it will not extend.

If it cannot be concluded during the transition period, customs and customs clearance procedures will be carried out immediately after the end of the period, resulting in the same situation as “withdrawal without agreement”. The next focus will be whether we can conclude negotiations.

Leaders from each country pay close attention to the UK's attitude toward the EU

German Chancellor Merkel pointed out at a press conference after the EU summit on the 13th that "there will be competitors who are not members of the same single market at our doorstep." On top of that, the UK expressed the idea that it should carefully consider what kind of relationship it should establish with the EU in the future.

French President Macron said, “We want to continue to be an allied and friendly and very close partner, but it depends on building a fair relationship,” including a free trade agreement, In future negotiations, he showed that it was important to position the relationship between the UK and the EU.