“No-deal Brexit” a strong possibility, EU to cushion the blow

- Advertisement -

London, UK (CWBN)_ As both the EU and the UK prepare for the likely outcome of a no-deal Brext,  the European Commission prepared contingency measures, yesterday (10th Dec), to ensure road and air connectivity between the two parties.

The measures are expected to support connectivity for a period of six months following the deadline. Both parties have also agreed to reciprocate “fair and equal opportunities” in their respective markets, while the EU will continue to accept UK’s current safety standards and other regulations.

Following the deadline on the Withdrawal Agreement, trade relations between the UK and EU will effectively revert to the default regulations of the World Trade Organisation. However, EU sources have noted that individual, niche deals on a smaller scale maybe expected.

Meanwhile, PM Boris Johnson said that “we would never accept arrangements and access to UK fishing waters which are incompatible with our status as an independent coastal state.”

Hot this week

How Are Worldwide Marches for Machado Reshaping the Battle Over Venezuela’s 2024 Election Fallout?

Supporters of Venezuelan opposition figure María Corina Machado gathered...

Is a New UK–EU Youth Mobility Deal About to Reopen Europe for Young Britons?

British ministers are inclined to secure the deal within...

How Effectively Does the UK Spend Its Climate Aid — And Who Benefits?

(Commonwealth_Europe) The International Development Committee has launched a new...

Is Canada’s Third-Quarter Rebound a Sign Its Economy Is Regaining Momentum?

Canada’s real gross domestic product (GDP) increased by 0.6%...

Could Malta Secure Hundreds of Millions in EU Funds If It Acts Now on Mass Transport?

PN MEP Peter Agius said that there were positive...
- Advertisement -

Related Articles

- Advertisement -sitaramatravels.comsitaramatravels.com

Popular Categories

Commonwealth Union
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.