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EU's Michel Says Brexit Talks Facing Moment Of Truth

Published on Oct 8 2020 3:50 PM in Supply Chain tagged: Trending Posts / Brexit / European Council / Micheál Martin

EU's Michel Says Brexit Talks Facing Moment Of Truth

Talks on a deal between Britain and the European Union on their future relationship face a moment of truth ahead of a meeting of EU leaders next week, European Council President Charles Michel said on Thursday.

Michel, speaking in Dublin after talks with Taoiseach Michéal Martin, urged Britain to put its cards on the table, saying the bloc needed clarity about their position.

"The coming days are crucial. This is the moment of truth. There is only one week to go before the European Council" meeting on 15-16 October, Michel told journalists.

"This is a challenging situation. We think we need more clarity and we will see if it is possible to make real and concrete progress," he said.

'Inching Towards A Deal'

The two sides say they are inching towards a deal that would govern around $900 billion in trade after 31 December - when the current transitional arrangements end - though sticking points remain on fishing, level playing field issues and governance.

Martin said the mood around the talks had changed in recent weeks, leading to intensified engagement between the two sides.

"But mood is one thing, it does need substance to follow," Martin said.

The United Kingdom formally left the EU on Jan. 31, more than three years after it voted 52%-48% for Brexit in a 2016 referendum. The two sides are now trying to work out how everything from cars to Camembert to whisky will trade.

News by Reuters edited by Donna Ahern, Checkout. Click subscribe to sign up for the Checkout print edition.

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