The European Union and Britain agreed on Friday to hold intense talks over the n...
BRUSSELS - The European Union and Britain agreed on Friday to hold intense talks over the next few days in a bid to secure a deal over Britain’s departure from the bloc, but arrangements over British-Irish border controls remain at issue, the EU said.
Some officials expressed guarded optimism, while financial markets and banks were buoyed by the latest pronouncements. Sterling jumped to a three-month high. That followed a statement from Johnson and Irish Prime Minister Leo Varadkar on Thursday that they had found “a pathway” to a possible deal. A diplomat and an EU official said Barnier had told member states that Britain had changed its position to now accept that the proposed replacement to the so-called “backstop” cannot erect a customs border between EU member Ireland and the British province of Northern Ireland.
If negotiators fail to reach agreement “then we have to be ready, as this country is and will be, to come out with no deal if we absolutely have to,” Johnson said. EU ministers convene in Luxembourg on Tuesday for a last preparatory meeting before an EU summit next Thursday and Friday.The pronouncements came at the end of a tumultuous week in which Brexit negotiations have shifted wildly, starting with a public row between London and Brussels. Both sides have appeared anxious to avoid taking the blame should the deadline for Britain’s departure arrive with no deal secured.
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