Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, November 18, 2017 05:52:00 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

EU Brexit chief preparing for 'possible' failure

photo by

By
13th-Nov-2017       
Comments
Share your thought
Post a comment »
Read all () »

AFP, Paris  :
EU Brexit chief Michel Barnier said Sunday that he is making contingency plans for the "possible" failure of divorce talks with Britain, which he has given two weeks to reach preliminary agreement on key issues.
"It's not my (preferred) option," he told French weekly Le Journal du Dimanche (JDD). "But it's a possibility. Everyone needs to plan for it, member states and businesses alike. We too are preparing for it technically."
He recalled that without a deal on post-Brexit trade terms the EU and Britain would revert to World Trade Organization (WTO) tariffs, with trade ties "like those we have with China".
On Friday Barnier gave Britain a two-week ultimatum to make concessions on a divorce agreement if it wants to unlock the next phase of talks in December.
He said it was "vital" for Britain to increase its offer on its exit bill-which a figure senior EU officials put at up to 60 billion euros ($70 billion) -- to open up talks on a future trade deal.
EU leaders decided at their last summit in October that there was insufficient progress on the exit bill as well as two other main issues-Northern Ireland and the rights of three million Europeans living in Britain.
They said they hoped to open talks on future relations and a post-Brexit transition period at their next meeting on December 14-15, but officials have warned that could now slip to February or March.
The fate of the border between British-ruled Northern Ireland and the Republic of Ireland has thrown an unexpected spanner into the works.
British negotiator David Davis insisted that any Brexit deal cannot create a frontier between Northern Ireland and the rest of the United Kingdom.
But the EU called at talks in Brussels last week for Northern Ireland to effectively stay in a customs union with the bloc to prevent a hard border with Ireland.
The open border helped underpin the 1998 peace deal that ended decades of sectarian unrest.
"The tragic conflict between the Protestants and the Catholics was not that long ago," Barnier, a former French foreign minister, told JDD. "I won't do anything that could weaken" the 1998 accord.
If a deal is reached by Barnier's December 1 deadline, the next phase of talks could open in January towards a "new treaty, which would take at least two years to take effect," he said.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Questions over holding tax


THE government moves to increase holding tax in Dhaka and Chittagong cities by up to nine times at a time seems to be highly arbitrary that lacks reasonable justification anyway to be acceptable to the both city dwellers. People are voicing angry reaction to such move and we must say ...

City »

Dr. Debapriya Bhattacharya, Distinguished Fellow, Center for Policy Dialogue, handing over award to a winner of 1st Inter-University Undergraduate Research Symposium held at United International University (UIU) orgainsed by School of Business and Economics of UIU on Thursday.


.

Entertainment »

Sonam is all praise for Padman Akshay Kumar


On Wednesday Akshay shared two stills of his upcoming movie Poster featuring himself along with Sonam Kapoor and Radhika Apte. Sonam Kapoor who is also playing a pivotal role in the movie also took to Twitter and shared the look of her character. Sonam wrote, “Such a pleasure working with ...

International »

Russia casts 10th UN veto on Syria action, blocking inquiry renewal


Reuters, United Nations :Russia cast its 10th veto on Thursday of United Nations Security Council action on Syria since the war began in 2011, blocking a U.S.-drafted resolution to renew an international inquiry into who is to blame for chemical weapons attacks in Syria.The mandate for the joint inquiry by ...

Sports »

A scene from the matches of the Saif Powertec 43rd National B Chess Championship at Bangladesh Chess Federation hall-room on Thursday.


.

Editorial »

Accountability must be established in large tax-payers units


THE New Nation reported that the Large Tax-payer Unit (LTU) has geared effort to realize over Tk 23,000 crore in arrear value added tax (VAT) from four state-owned entities --- Petrobangla, Titas Gas, Bakhrabad Gas Company Limited (BGCL) and Bangladesh Telecommunication Regulatory Commission (BTRC). As the row between National Board ...

Entertainment »

Janhvi Kapoor-Ishaan Khatter`s new `Dhadak` poster is refreshing!


Filmmaker Karan Johar has been treating fans with many first looks of Janhvi Kapoor and Ishaan Khatter's Bollywood film 'Dhadak'.On Thursday morning, KJo shared another poster featuring the two leads where we can see Janhvi donning a colourful lehenga choli while Ishaan is seen wearing a bandhni shirt.The movie will ...

City »

Family members and friends of Faria Ferdousi Tamanna, a student of Fashion Designing Department of Shanta-Mariam University of Creative Technology formed a human chain in front of the Jatiya Press Club on Thursday demanding arrest of the person involved in inciting Faria to commit suicide.


.

International »

Trump defends Asia trip, vows `maximum pressure` on N Korea


AFP, Washington :US President Donald Trump hit back at critics of his recent Asia trip and vowed a global campaign of "maximum pressure" on North Korea Wednesday, warning Pyongyang will not subject the world to "nuclear blackmail."Defending an almost two week trip to Asia that was long on pomp but-critics ...

Weekend Plus »

Get healthy skin this winter with these tips


Weekend Plus Desk :Get your hands on rose water, olive oil and egg yolk mixture and more to have beautiful skin even during winter which robs moisture from you. Naresh Arora, Founder of Chase Aromatherapy Cosmetics, and Nalin Verma, Co-Founder and Director, Euro Chroma Institute of Cosmetology, have a few ...

Weekend Plus »

Pink cheese is the latest thing to get foodies all excited


Weekend Plus Desk :Looks like millennial pink has reached an all-time high. The dusty salmon hue already had a strong influence in the world of fashion, beauty, interiors, vodka, gin and most recently, the pink chocolate, but looks like there's no end to this. A British company called Great British ...

Editorial »

Killing of a businessman in city


AMIDST the rising number of killings across the country without law enforcers' 'knowledge', killing of a businessman by gun shoot in the city's high-security Banani area by an unidentified assailants on Tuesday has exposed how insecure businessmen and city dwellers are in their daily life. It also proves government's utter ...

Entertainment »

Deepa Khondokar’s new TVC, serial


Sheikh Arif Bulbon :Now-a-days, popular model and actress Deepa Khondokar performed a TV commercial of powder mixture for cooking is being aired in different satellite channels where a dialogue titled Aamar sathey chalaki cholbe na has become popular among all.  This TVC brought her into limelight. It was directed by ...

City »

The Golden Jubilee of Dhanmondi Lions Club was celebrated at Army Golf Club in the city recently. PIDs Ramaswamy and Moslem Ali khan , ID Endorsee Quazi Akramuddin Ahmed and Council Chairperson MK Basher seen with the souvenir in the picture.


.

International »

Saudi Arabia has `detained` PM Hariri :Lebanon President


AFP, Beirut :Lebanon's President Michel Aoun on Wednesday accused Saudi Arabia of having "detained" Prime Minister Saad Hariri, who announced his resignation in a statement from the kingdom earlier this month."Nothing justifies the failure of Prime Minister Saad Hariri to return for 12 days, therefore we consider him to be ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news