On Tuesday, the United States and Britain launched trade negotiations through videoconferencing following the UK’s exit from the European Union. Both countries, struggling to cope with the coronavirus pandemic are aiming to shore up domestic supply chains. These talks are… Read More ›
Brexit
Equivalence for financial services not part of Brexit negotiations: EU
In a statement, the European Commission stated, Brexit negotiations with Britain will not include British financial firms gaining access to the EU market. The clarification comes in the wake of Britain stating it wants a “legally binding” framework to access… Read More ›
Britain eyeing Free Trade Agreement with Australia
Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›
French port town Calais floating in post-Brexit duty free dreams
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›
EU’s equivalence under scrutiny even as Brexit looms
On Tuesday, in a statement, the Association for Financial Markets in Europe (AFME), whose members include major international banks and asset managers, have called on the European Union to make its system for financial market access more transparent and predictable… Read More ›
Boris Johnson aims to block Brexit extension beyond 11 months as illegal
On Tuesday, British media including the Financial Times and The Times reported, British Prime Minister Boris Johnson aim to take bold legislative steps to prevent any extension of the Brexit transition period beyond 2020. Making an extension beyond 2020 illegal… Read More ›
Brexit bill to be tabled before parliament on Friday
Laws pertaining to Brexit are scheduled to be tabled in parliament on Friday, said Prime Minster Boris Johnson’s spokesman. The bill aims to formalize the terms of the agreement that was negotiated by Johnson and the EU into law. The… Read More ›
Trade deal with UK to be a priority post-Brexit: Michel Barnier
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
Healthcare’s a central issue in the December 12 elections: Boris Johnson
On Monday, British Prime Minister Boris Johnson disclosed he has placed further cuts on corporation taxes on hold and he will be pumping in more money into services such as healthcare and made it a central issue in the December… Read More ›
Brexit casting huge shadow over Britain’s Dec. 12 elections
According to an opinion poll that was published on Saturday, British Prime Minister Boris Johnson’s Conservative Party is enjoying its highest levels of support since 2017. Johnson called for snap snap polls in Britain to end three years of disagreement… Read More ›