• EU-UK trade talks set to go past mid-November deadline: sources

Market news

11 November 2020

EU-UK trade talks set to go past mid-November deadline: sources

Reuters reports that sources on both sides told that Britain and the European Union are likely to miss their mid-November deadline to clinch a post-Brexit trade because talks in London to break a deadlock are expected to run through the end of this week.

Ambassadors of the 27 EU member states in Brussels will not be updated on the talks at a regular meeting on Wednesday and the issue is now pencilled in for their meeting on Nov. 18, a senior diplomat of the bloc said.

However, in a sign that the estranged allies are still pushing for an agreement, EU sources said they now expected negotiators to come up with an agreed text in the middle of next week, unless talks collapse or there is a breakthrough earlier.

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