China News Service, October 22nd, reported that there is not much time left in the transitional period of Brexit, but the future trade negotiations with the EU have not made much progress. The UK even threatened to withdraw from the negotiations.

On the 21st local time, Barnier, the EU’s chief negotiator in charge of Brexit affairs, said that the EU’s negotiations with the UK will remain open and will seek necessary compromises to reach a trade agreement.

Data map: The picture on the right is Barnier, the chief negotiator of the EU in the Brexit negotiations.

  According to the report, Barnier told the European Parliament on the 21st that the EU has repeatedly reiterated to the United Kingdom that it hopes to reach an agreement. If the two sides are ready to work constructively in a spirit of compromise, an agreement can be reached.

At present, the door of negotiation remains open, and the EU will continue to do so until an agreement is reached on the last day.

  According to reports, Barnier also stated that Brussels is ready to begin drafting legal texts to finalize the agreement. “Time is passing, but if we can make progress in resolving the deadlock in the next few days, it is possible to reach an agreement. "

  The Brexit transition period will end on December 31, but there is limited progress in reaching a post-Brexit trade agreement.

Allegedly, there are still differences between the UK and Europe on the rules of fair competition and how many EU fishing boats can enter the British fishing grounds.

  British Prime Minister Johnson set the October 15 EU summit as the deadline for negotiations.

At its summit on the 15th, the European Union showed a tough attitude towards Britain, saying that it must take action if it is to reach an agreement.

After the meeting, the British side claimed that the EU’s negotiation flexibility was insufficient and stressed that unless the EU changes its position, there will be no agreement.

  Britain officially "Brexit" on January 31 this year, and then entered an 11-month transition period.

If the UK and Europe fail to reach a trade agreement during the transition period, the bilateral trade will return to the WTO framework from 2021 and re-implement border inspections and tariffs.