The Asian Age

Fight for prized spoils of Brexit comes to a climax EU ready for ‘ ambitious’ trade pact if UK meet terms

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Brussels, Nov. 20: The competitio­n for two of the spoils of Brexit is at it’s peak on Monday when 27 EU states pick the new host cities for two Londonbase­d regulatory agencies.

In a process only halfjoking­ly compared to the Eurovision Song Contest, ministers will vote on where to relocate the European Medicines Agency and European Banking Authority.

British bookmaker Ladbrokes makes Bratislava, Milan and Amsterdam favourites to host the EMA, with Frankfurt, Vienna and Dublin lead the running for the EBA, although officials warned the secret ballot could throw up an unpredicta­ble result.

Government­s have been Brussles, Nov. 20: The European Union is ready to offer Britain the “most ambitious” free trade deal if it meets its conditions on Brexit, the bloc’s chief negotiator Michel Barnier said on Monday.

“If we manage to negotiate

jostling to win the backing of other countries with “hot bargaining” behind the scenes for two agencies that promise both prestige and prosperity, a diplomatic source said.

In total there are 19 candidates to be the new home of the EMA, one of the world’s most powerful drugs watchdogs, which employs 900 pharmaceut­ical an orderly withdrawal and establish a level playing field... the European Union will be ready to offer its most ambitious FTA ( free trade agreement) approach,” Barnier said in a speech in Brussels. — AFP

experts, biologists and doctors from every corner of Europe.

There is a smaller batch of eight bidders for the EBA, the banking overseer with 159 staff. The EBA is known for its regular stress tests on the EU’s financial sector. Both are currently based in Docklands business district. — AFP

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