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Brexit Timeline: The Final Dash for a Historic Trade Agreement
Britain’s Departure From the EU Sets Clock Ticking: Timeline
17 Nov 2020, 07:17 PM IST
U.K. and European Union negotiators are heading into the final stages of an intense, eight-month negotiation to secure to a comprehensive trade and security agreement.
To reach a deal, both sides still need to find compromises on state aid and fishing -- the two big areas of disagreement that have so far prevented a deal being struck.
Here’s a guide to how the final days of discussions could pan out.
Date | Event |
---|---|
Monday Nov. 16 | Talks resume in Brussels |
Thursday Nov. 19 | EU leaders hold a video-conference call |
Friday Nov. 20 | EU chief negotiator Michel Barnier set to brief EU diplomats on progress. British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen may hold a call thereafter -- but this hasn’t been confirmed. |
Monday Nov. 23 | Talks resume in London -- officials hope to make a breakthrough early in the week and reach an agreement. |
Thursday Dec. 10-11 | EU holds a summit. If a deal hasn’t been signed by now, expect preparations for Britain’s messy exit from the single market to figure prominently. |
Wednesday Dec. 16 | European Parliament scheduled to vote on any deal. But this could be delayed to between Christmas and the New Year. |
Thursday Dec. 31 | End of Brexit transition period. The final, immovable deadline. If the two sides haven’t signed a trade deal, Britain will default to trading with the EU on World Trade Organization terms. |
©2020 Bloomberg L.P.
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