Officials involved in the process said an agreement could finally be struck this week, with just days to spare before the UK leaves the EU single market and customs union.
Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed that 'it is responsible at this point to go the extra mile.'
There’s now the strong possibility we will have a solution that’s much more like an Australian relationship with the EU than a Canadian relationship with the EU, said Johnson.
The Wednesday dinner between UK PM Boris Johnson and European Commission president Ursula von der Leyen left their teams believing it may be impossible to find a compromise.
The risk for the EU is that if Johnson doesn’t get anything out of the trip, he'll walk away from talks & the prospect of the UK leaving the EU single market will start to become real.
The plan to retreat on UK Internal Market Bill is another sign that Boris Johnson govt is trying everything it can to smooth the path to a new post-Brexit trade agreement.
'No deal' would be a huge test of the EU’s ability to manage crises. It would also mean tariffs on $621 billion of annual goods flows & potential delays from customs checks.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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