The Malta Business Weekly

EU is willing to be ‘creative’ to get a Brexit trade deal

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The European Union on Wednesday committed to be "creative" in the very final stages of the Brexit trade negotiatio­ns but warned that whatever deal emerges, the United Kingdom will be reduced to "just a valued partner" far removed from its former membership status.

EU Commission chief Ursula von der Leyen said "genuine progress" had been made on several issues "with an outline of a final text," little more than a month before Britain's transition period as a former EU member runs out. And she said that on the divisive issues of fisheries, governance of any deal and the standards the U.K. must meet to export into the EU, the bloc is "ready to be creative, but we are not ready to put into question the integrity of the single market, the main safeguard for European prosperity and wealth."

In the EU single market, goods and services can freely flow from one of the 27 member states to another without barriers like customs or checks, and it is seen as a cornerston­e of the EU. With Britain deciding to walk out, von der Leyen insisted it should feel the cold.

"One thing is clear. Whatever the outcome, there has to be and there will be a clear difference between being a full member of the union and being just a valued partner," she told legislator­s at the European Parliament. Britain however is seeking to maintain many of the advantages of membership while insisting on full sovereignt­y within its borders and its fishing waters.

The EU legislator­s will have to approve any deal and many scoffed at the extended negotiatio­ns past a slew of deadlines which ever more reduces its powers to seriously vet the deal ahead of the Jan. 1 cutoff date.

"We cannot just simply agree to anything that comes up in the last minute. This parliament needs time for scrutiny and for debating any possible agreement," said Greens leader Ska Keller.

"We will look very closely if this is an agreement that is of mutual benefit, that safeguards social and environmen­tal standards, and that does not endanger the peace in Northern Ireland. And we will not hesitate to defend those rights and standards."

There are widespread fears in the EU that Britain will slash those standards and pump state money into U.K. industries, becoming a lowregulat­ion economic rival on the bloc's doorstep.

Britain has long said the EU is making unreasonab­le demands and is failing to treat it as an independen­t, sovereign state, especially when it comes to the control of its fishing waters. It insisted EU negotiator Michel Barnier was sticking far too long to negotiatin­g lines which would make any compromise impossible.

It made von der Leyen's concession to be "creative" all the more significan­t. It even applied to fisheries. For a long time, demands were that EU trawlers would be allowed to continue to roam British waters like before, as if Brexit had never happened.

On Wednesday, von der Leyen sounded more conciliato­ry. "No one questions the U.K. sovereignt­y in its own waters, but we ask for predictabi­lity and guarantees for our fishermen and fisherwome­n who have been sailing in these waters for decades, if not centuries."

Negotiator­s from both sides are still talking remotely after an EU official tested positive for COVID-19, forcing Barnier into quarantine. He might be free to travel and negotiate face-to-face again as of Thursday, and observers expect a breakthrou­gh once that happens. (Associated Press)

 ??  ?? European Commission President Ursula von der Leyen
European Commission President Ursula von der Leyen

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