ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » World News

No breakthrough in Brexit talks as new deadline approaches

At a summit in Brussels, May met with German Chancellor Angela Merkel, the leaders of Belgium, Denmark, Lithuania and European Council President Donald Tusk, seeking to move the talks onto future relations between Britain and the EU, especially their trade ties.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
No breakthrough in Brexit talks as new deadline approaches
British Prime Minister Theresa May arrives for the Tallinn Digital Summit in Tallinn, Estonia. Photo: IANS

British Prime Minister Theresa May failed today to make any breakthrough in Brexit talks with the European Union, as time runs out to move the negotiations into a critical second phase before the end of the year.

At a summit in Brussels, May met with German Chancellor Angela Merkel, the leaders of Belgium, Denmark, Lithuania and European Council President Donald Tusk, seeking to move the talks onto future relations between Britain and the EU, especially their trade ties.

"There are still issues across the various matters that we are negotiating on," May told reporters after her meetings. "But there has been a very positive atmosphere in the talks and a genuine feeling that we want to move forward together," she added.

Britain is set to leave the bloc on March 29, 2019, but the negotiations must be wrapped up in less than a year to leave parliaments time to ratify the agreement.

EU leaders are set to decide in three weeks if the negotiations have made "sufficient progress" -- on Britain's financial settlement, the status of Irish borders and the rights of citizens hit by Brexit -- for the talks to be expanded.

Currently, it seems unlikely that will happen.

After his meeting with May, Tusk tweeted that "sufficient progress" by the December 14-15 EU summit could yet be made, "but still a huge challenge. We need to see progress from UK within 10 days on all issues, including on Ireland."

May refused to say how much progress was made on the future of the border between EU member state Ireland and Northern Ireland, which is part of the UK, or on the size of the divorce bill.

On the latter she said only: "we have been talking about how we can progress the issue in relation to the financial settlement."

Britain has suggested that it would be willing to pay around 20 billion euros (USD 24 billion) to settle the divorce bill, while the Europeans are seeking anywhere from 60-100 billion euros (USD 72-120 billion) to clear London's tab.

Asked by British reporters whether their country should pay more, Austrian Chancellor Christian Kern said: "Yes of course you should, it's an easy answer."

More generally, Luxembourg Prime Minister Xavier Bettel said "there is still some work to do to bring us closer on certain points" by the next EU summit in Brussels.

The big sticking point for Ireland is to ensure that no barriers to trade are set up after Brexit between it and Northern Ireland, which is part of the UK, especially given the sectarian tensions that have long simmered in the region.

"We are not going to allow a border to remerge on the island of Ireland, and we have a shared responsibility with Britain to make sure that doesn't happen," said Irish Foreign Minister Simon Coveney.

"If progress isn't made in terms of more clarity, and more credibility in terms of how these issues can be resolved in a way that prevents a hard border on the island of Ireland, well then we cannot move on to phase 2," he said.

Coveney said that Ireland has the firm backing of its 26 EU partners.

"We have seen no suggestion that other countries are moving away from that position of solidarity, absolutely not," he added.

After he meetings, May said only: "we have the same desire. We want to ensure that the movement of people and trade across that border can carry no as now and that we don't create any new barriers."

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
BrexitTheresa MayEuropean Unionbritain exit from european unionDonald Tuskbritain economyEuropean economyEU partnersEconomy
Written By: PTI
Updated: Sat, Nov 25, 2017
10:22 am
Brussels, PTI
RELATED NEWS
Talk of a ''no deal'' Brexit grows as deadline looms Talk of a ''no deal'' Brexit grows as deadline looms
Britain ditches threat to break EU exit treaty: From What is the deal, changes, to what happens - Explained in brief Britain ditches threat to break EU exit treaty: From What is the deal, changes, to what happens - Explained in brief
EU and Britain far apart as key week of Brexit talks begins EU and Britain far apart as key week of Brexit talks begins
European Union, Britain clash over a post-Brexit trade deal European Union, Britain clash over a post-Brexit trade deal
Sovereignty comes first: Britain lays out tough stance for EU trade talks Sovereignty comes first: Britain lays out tough stance for EU trade talks

LATEST NEWS

Government nod to Vodafone Idea to convert Rs 16,133 crore spectrum, AGR interest dues into equity

BSF Constable Recruitment 2023: Apply for 1401 vacancies - Check eligibility, pay scale and how to apply online

Govt expects 'fabulous' response to revamped Income Tax regime: CBDT chief

Q3 Results 2023: Aditya Birla Capital, JK Tyre, Ethos declare December quarter results - HIGHLIGHTS

GATE 2023 Begins Today: Check Exam Day guidelines, Exam Schedule, Exam Timings, Reporting and more details

Fire breaks out near Mata Vaishno Devi shrine in J&K's Reasi, no casualty reported

Serial Entrepreneur & Investor Dr Somdutta Singh Deliberates Budget 2023

OPPO Reno8 T 5G with curved screen, 108MP camera launched at Rs 29,999 - Check discounts, exchange offers and other details

India imports 152.7 lakh ton fertilisers till Dec this fiscal: Govt

US emerges as India's top destination for goods exports during April-December 2022

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV