• EU chief Brexit negotiator Barnier: There are many serious divergences with UK

Market news

5 March 2020

EU chief Brexit negotiator Barnier: There are many serious divergences with UK

  • Difficulties of end of transition period are being underestimated
  • UK has said it doesn't seek a foreign policy deal
  • Agreement with the UK is possible even if it is difficult
  • We can get a good agreement for both sides despite "very, very difficult" differences
  • UK doesn't want a level-playing field in deal
  • UK position on fisheries deal is not practical
  • UK sees a series of agreements on a case-by-case basis
  • But we want an overarching deal
  • Differences with UK are not a surprise

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