Deals

Canada promised a post-Brexit trade deal with Britain would be easy to agree on Thursday, as Brussels said UK-EU negotiations had entered a “critical” phase. Prime Minister Justin Trudeau predicted that a rollover deal with Britain to replace the EU-Canada trade agreement after Brexit will be “straightforward”. It will form the basis of a new UK-EU deal after Britain falls out of the EU-Canada deal when it leaves the transition period at the end of the year, he said. He stressed Ottawa wanted a trade deal with Brexit Britain and that it would be much simpler than the ongoing trade talks with Brussels. Mr Trudeau was speaking at a press conference after an EU-Canada video-summit with the presidents of the European Commission and Council. He said, “There are significant complexities that the UK sorry grappling with in terms of negotiating the post Brexit agreement with the European Union. “I can highlight that it's fairly straightforward with Canada and we are certainly very optimistic in the ability to see things roll over smoothly,“ he said. “There have been many discussions over the past years between myself and Prime Minister Johnson and his predecessor on that seamless transition,” Mr Trudeau added. Ursula von der Leyen, the president of the European commission, said she was in hourly contact with Michel Barnier, the EU’s chief negotiator. She said intensified talks with Britain, which resume on Friday in Brussels, were in a “critical phase”. “We're making good progress but on two critical issues, the level playing field, and the fisheries, there we would like to see more progress,” she said. Mrs von der Leyen said the level playing field guarantees were the price for zero tariff access to the Single Market. “We are now in depth in detailing out how could we construct a system that is fair for both sides for a level playing field,” she said. How to construct the system with clear rules on both sides and a dispute mechanism system was a “crucial” question negotiations would delve deep into in the coming days of negotiations, she said. Britain had previously rejected EU demands for stricter level playing field guarantees and argued that all it wanted was a "Canada-style" trade deal with non-enforceable commitments.
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