Business Standard

UK could agree on 'mini deals' with European Union if trade talks fail

People familiar with both sides of the negotiations told Bloomberg that the trade talks are unlikely to wrap up on Sunday

UK Cabinet Office Minister Michael Gove
Premium

UK Cabinet Office Minister Michael Gove

Bloomberg
UK Cabinet Office Minister Michael Gove said that Britain and the European Union could engage in a series of “mini unilateral” deals if no trade agreement is reached by the end of the month. Gove said that Britain and the bloc’s 27 member states could form a new “special relationship” after the end of the transition period, close to the UK and US link, which could include agreements he described as “side deals,” the Telegraph reported. Any trade agreement is “realistically unlikely” to be approved until after Christmas, meaning that lawmakers may only vote on a potential deal just hours

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in