European Council President Donald Tusk has said a compromise with the UK over Brexit is still possible, after Theresa May warned she was prepared to walk away from talks. In a statement, Mr. Tusk said he was a true admirer of the PM.1 comment
Oil and gas platforms could have to be shut down if a deal on Brexit leads to difficulties accessing skilled workers, according to an industry report. The warning comes in Oil and Gas UK's latest economic report which said delays in accessing labor markets from EU countries have the potential, in some instances, of leading to production being shut in.
Brexit Secretary Dominic Raab is preparing for six hours of talks with the EU's chief negotiator. He will meet Michel Barnier in Brussels on Friday for the extended session ahead of an EU summit on 17 October. Both sides are hoping to agree a divorce deal and a statement on future trading relations before the summit.
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.
In an address to a Brussels think tank, the (Germany's Liberal Party) Friedrich Naumann Foundation, the Deputy Chief Minister Dr Joseph Garcia has declared that it would be manifestly unfair to use Gibraltar as a whipping boy who was made to suffer the consequences of Europe‘s wider disagreements with the United Kingdom.
A total of 50 small and medium-sized companies in Galicia were beneficiaries of the 2017 call for investments aid that result in improvements in the processing of fishery, shellfish and aquaculture products. This was announced by the Minister of Marine Affairs, Rosa Quintana, at the Pobra do Caramiñal, during a visit to the refrigeration logistics company Alimentos Cruz del Sur (Alicrusa), one of the beneficiaries.
The clock is ticking for the financial services industry, with banks said to be months away from being forced to act on Brexit contingency plans that could see thousands of jobs leave the UK. The first quarter of 2018 has been dubbed the “point of no return” for banks, insurers and asset managers as the industry calls on the UK to clinch a transition period that would extend market access to the EU beyond March 2019.
Brazil said it was suspending fish exports to the European Union in response to concerns raised by Brussels' veterinary inspectors. The move was aimed at preventing the EU itself from ordering a suspension, said Luis Rangel, the secretary of state in charge of fisheries.
The European Union's offer on beef in Mercosur trade negotiations has not been revised according to the EU Agriculture Commissioner Phil Hogan, who said a deal may happen in February. Speaking to journalists in Brussels on Wednesday, EU Agriculture Commissioner Phil Hogan said that the EU's offer on beef access for Mercosur countries has not been revised since December 5.
Britain and the EU face a “furious race against time” to agree a transition deal and future trade relations within the next 10 months, European Council president Donald Tusk has said. In a letter to the leaders of the 27 remaining EU states ahead of a crucial summit on December 14-15, Mr Tusk urged them to show continued “unity” as Brexit negotiations enter their second phase.