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These Brexit highlights bring you a summary of the latest Brexit news and legislation updates from across a range of LexisNexis® practice areas, collated on 23 October 2020.
This section contains key overarching Brexit news headlines.
EU and UK companies have been given hope about a future UK-EU relationship deal, after EU chief negotiator, Michel Barnier, signaled the EU’s intention to make further concessions to break the impasse. Barnier’s comments were branded as ‘significant’ by the Prime Minister’s spokesperson and could open the way to resume the trade talks, as both sides want to avoid a no-deal scenario when the transition period ends on 31 December 2020.
See News Analysis: Brexit trade talks advance as EU says it’s ready to compromise.
European Parliament President, David Sassoli, European Council President, Charles Michel, European Commission Vice-President, Maroš Šefčovič, and EU chief negotiator, Michel Barnier, signalled the EU’s intention to engage ‘intensively’, ‘constructively’ and ‘in a spirit of compromise’ towards breaking the impasse in the future UK-EU relationship negotiations during the 19–23 October European Parliament plenary session in Brussels. With ‘no time to lose’, the EU leaders highlighted the priority focus in the closing stages of the transition period—including reaching an agreement on the future UK-EU relationship and ensuring the Withdrawal Agreement is ‘fully operational’ as of 1 January 2021. With UK and EU positions ‘still far apart’ on level-playing field, fisheries and governance, hard work is required to ‘test whether it is possible to find common ground’. ‘Deal or no deal’, respect for the Withdrawal Agreement remains ‘a matter of trust and political responsibility’ nonetheless. Meanwhile, following a call with Barnier, UK chief negotiator, David Frost, called for a ‘fundamental change’ in the EU’s negotiating approach as teams ‘stay in close touch’. A statement from the Prime Minister confirmed that the
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