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UK says deal to be done with EU to solve post-Brexit trade issues

Friday, January 14, 2022
UK says deal to be done with EU to solve post-Brexit trade issues © Reuters. British Foreign Secretary Liz Truss bumps elbows with European Commission Vice-President Maros Sefcovic during a meeting at Chevening House in Sevenoaks, south of London, Britain January 13, 2022. Ben Stansall/Pool via REUTERS

By Michael Holden

LONDON (Reuters) -Britain and the European Union said on Friday they would intensify negotiations to resolve post-Brexit trade issues, with British foreign minister Liz Truss saying there was a deal to be done.

After hosting European Commission Vice-President Maros Sefcovic for "good talks" at her country residence, Truss said she wanted to make progress on sorting out resolve problems with the implementation of the rules governing trade between Britain, its province Northern Ireland, and EU-member Ireland.

"What I want is a negotiated solution, I think there is a deal to be done. We have had constructive talks over the last day," Truss told reporters.

Officials from the two sides will now meet for intensified discussions next week, before Truss and Sefcovic hold another meeting on Jan. 24.

"Now it's time to start taking issues off the table," Sefcovic said on Twitter (NYSE:TWTR).

Truss last month took over the long-running negotiations to resolve the disagreements on how post-Brexit trade rules for Northern Ireland - which Britain signed up to but now says is not workable in practice.

To avoid politically contentious border checks between Ireland and Northern Ireland, Britain and the EU agreed the province would effectively remain within the EU's customs union for goods, with checks taking place on goods moving between mainland Britain and Northern Ireland instead.

The EU says it has put forward solutions to reduce customs paperwork and checks on agri-food products, but Britain says it does not want a system which allows checks on goods moving solely within the United Kingdom, and does not want an arbitration role of the EU's European Court of Justice.

Britain has repeatedly threatened to invoke Article 16 of the treaty allowing it to take unilateral action that would suspend customs checks on goods moving to Northern Ireland.

"Clearly, if we don't make sufficient progress, we will have to look at the alternatives but my absolute desire is to get a deal that works for people," Truss said.

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29-01-2022 04:40:18 (UTC+7)

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 EUR/USD1.1150↑ Sell
 GBP/USD1.3408↑ Buy
 USD/JPY115.22Neutral
 AUD/USD0.6990Sell
 USD/CAD1.2764Sell
 EUR/JPY128.46Sell
 EUR/CHF1.0381↑ Sell
 Gold1,790.10Buy
 Silver22.485↑ Buy
 Copper4.3297↑ Sell
 Crude Oil WTI87.31Buy
 Brent Oil89.00Buy
 Natural Gas4.667↑ Sell
 US Coffee C235.85↑ Sell
 Euro Stoxx 504,136.91↑ Buy
 S&P 5004,431.85↑ Buy
 DAX15,318.95Buy
 FTSE 1007,466.07Neutral
 Hang Seng23,550.08↑ Buy
 Small Cap 20001,955.70↑ Buy
 IBEX 358,609.80↑ Buy
 BASF68.510↑ Buy
 Bayer52.83↑ Buy
 Allianz227.80↑ Buy
 Adidas236.15↑ Buy
 Lufthansa6.791↑ Buy
 Siemens AG138.34↑ Buy
 Deutsche Bank AG11.912↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,230
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SJC Danang6,180/ 6,252
(0/ 0) # 1,335
SJC Nhatrang6,180/ 6,252
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SJC Cantho6,180/ 6,252
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Cập nhật lúc 16:39:43 29/01/2022
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