The UK and the EU agree to a "micro" trade agreement based on mutual interest

　　On the 10th local time, according to the British “Times” report, the United Kingdom and the European Union have agreed that even if they may face the breakdown of broader trade agreement negotiations next week, the two sides are still expected to have common interests in areas such as aviation and road transport. Reach a "micro" trade agreement.

　　According to reports, David Frost, the chief negotiator of Britain’s “Brexit” and Michel Barnier, the chief negotiator of the European Union, have reached a consensus. Even before the deadline for negotiations, which is considered by the outside world, the British The EU cannot reach a broader trade agreement, and the two sides will continue to maintain contact thereafter.

According to reports, based on this consensus, the United Kingdom and the European Union will strive to reach a "mini-version" trade agreement in November to make up for losses that have not been reached before the end of the "Brexit" transition period on December 31.

　　Analysts pointed out that since the start of the UK-EU trade negotiations in March this year, fishing rights have been one of the focuses of the negotiations between the EU and the UK.

Although the fishing industry is increasingly worried about the consequences of a "no-deal Brexit", neither party is willing to make concessions, which may pose the greatest threat to the final agreement.

　　According to previous reports, British Prime Minister Boris Johnson has stated that if trade negotiations are still inconclusive before the EU autumn summit on October 15th, then the UK is ready to accept the reality, that is, a “no-deal Brexit”.

Johnson has repeatedly stated that although Britain can successfully deal with all the consequences of a no-deal Brexit, he is more inclined to reach an agreement.

This is because the “no-deal Brexit” will expose the US$900 billion annual bilateral trade between Britain and Europe to uncertainty and may plunge the border into chaos.

　　Britain officially "Brexit" on January 31, and the relationship between Britain and Europe then entered an 11-month transition period.

If the UK and Europe fail to reach a trade agreement during the transition period, the trade between the two sides will return to the WTO framework from January 1, 2021, and border inspections and tariffs will be re-implemented, resulting in increased trade costs.

(Headquarters reporter Liang Tao)

　　(Edited by Li Mingyi)