If no agreement is reached, it would be a hammer blow for both sides as decades of free movement of goods, services and capital would come to an abrupt end.
EU negotiators suspect the UK is waiting for a moment of crisis and they are bracing for the tone of the talks to get worse before an agreement is reached.
The talks need to finish within days if the UK & EU parliaments are to have time to ratify any agreement before Britain leaves the EU’s single market on 31 December.
With the U.K. economy suffering more from the coronavirus pandemic than most advanced nations, the stakes couldn’t be higher as Brexit trade negotiations enter their endgame.
French President Emmanuel Macron & Belgian PM Alexander De Croo both called on their colleagues to make contingency plans in case talks to sign a trade and security agreement fail.
Britain’s logistics industry is finding creative ways to be ready for bureaucracy that will hit on 1 Jan, when trade with EU will be subject to new paperwork.
With talks between the UK & EU still deadlocked after British PM Johnson nearly staged a walkout, this is the only way EU officials say they can secure a deal both sides want.
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.
COMMENTS