China News Service, July 3, according to the "Central News Agency", the UK is only half a year away from the end of the Brexit transition period on December 31 this year, but trade negotiations with the EU are still at an impasse. He said that at present, Britain and Europe are still in serious disagreement, and negotiations are expected to continue in late July.

On January 29 local time, the European Parliament approved the "Brexit" agreement. The picture shows that after the voting, the members present held the banner of "Unity forever". China News Service publishes photos for EU

  Britain withdrew from the European Union on January 31, 2020, and was in a transitional period until December 31. The British and European parties sought to complete negotiations on future relations, including trade, during the period, and video negotiations during the severe period of the new crown epidemic.

  The British-European negotiations broke down this week, and Barnier issued a press release on July 2 stating that the two parties' goal is to negotiate successfully and reach an agreement, but after 4 days of discussion there are still serious differences.

  Barnier said that the EU’s position is still to ensure an open and fair competitive environment for companies, to provide European fishermen with a balanced, long-term solution, etc. Without these conditions, it is impossible to maintain economic partnership with the United Kingdom.

  However, he also stressed that he still believes that it is possible to reach an agreement with the United Kingdom, and predicts that the next round of negotiations will be held on July 20.

  The EU and the UK are looking forward to signing a trade agreement before the end of the transition period at the end of 2020. According to the timetable, negotiations should be completed by October, but they are currently at a deadlock. In this regard, German Chancellor Angela Merkel said recently that during the next six months during Germany’s presidency of the European Union, he will try his best to find a solution and complete the negotiations before autumn.

  The report pointed out that if Britain and Europe do not reach trade negotiations by the end of this year, tariffs will be levied next year, which will have an impact on both economies.

  The two sides still have big differences on fisheries issues and fair competition guarantees, such as the degree of openness of British waters, and whether the UK maintains the same market supervision regulations as the EU. The EU looks forward to the UK’s clear commitment.