Impossible to say if there will be a EU-UK trade deal: Senior EU official

Impossible to say if there will be a EU-UK trade deal: Senior EU official

Channel NewsAsia - World·2020-12-07 17:01

BRUSSELS: It is still impossible to say if there will be a trade deal between the European Union and Britain before the deadline of Dec 31, a senior EU official said on Monday (Dec 7).

Britain's transition period after its exit from the European Union ends on Dec 31 and unless it negotiates a trade deal with the EU by then there will be tariffs and quotas on trade between Britain and the EU, hurting the economies of both.

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