Wed Dec 23rd, 2020 at 06:25:55 PM EST
Gossip from journalists in Brussels ... there will be a deal today ... negotiators Michel Barnier and Lord Frost are finalizing deal which will be presented in a call between Johnson and Von der Leyen this evening.
Provisionally applied from Jan. 1, 2021
The formal approval will not happen in 2020. European Parliament can meet in the beginning of the New Year.
Berlin to London airlift 2020/2021
EU-UK Trade and Cooperation Agreement: protecting European interests, ensuring fair competition, and continued cooperation in areas of mutual interest
President of the European Commission, Ursula von der Leyen said: “It was worth fighting for this deal because we now have a fair and balanced agreement with the UK, which will protect our European interests, ensure fair competition, and provide much needed predictability for our fishing communities. Finally, we can leave Brexit behind us and look to the future. Europe is now moving on.”
The European Commission's Chief Negotiator, Michel Barnier, said: “We have now come to the end of a very intensive four-year period, particularly over the past nine months, during which we negotiated the UK's orderly withdrawal from the EU and a brand new partnership, which we have finally agreed today. The protection of our interests has been front and centre throughout these negotiations and I am pleased that we have managed to do so. It is now for the European Parliament and the Council to have their say on this agreement.”
The draft Trade and Cooperation Agreement consists of three main pillars:
... Goth parties have committed to ensuring a robust level playing field by maintaining high levels of protection in areas such as environmental protection, the fight against climate change and carbon pricing, social and labour rights, tax transparency and State aid, with effective, domestic enforcement, a binding dispute settlement mechanism and the possibility for both parties to take remedial measures.
More to be added ...