Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

EU's Trade Commissioner Urges Calm in Post-Brexit Talks

EU's Maroš Šefčovič says bloc is 'not greedy' in UK trade talks, aiming to find mutually beneficial solutions.

  • EU's trade commissioner Maroš Šefčovič urges calm in post-Brexit talks
  • Šefčovič says EU is 'not greedy' and aims for mutually beneficial solutions
  • Key UK sectors such as financial services and agri-food face regulatory hurdles

The European Union's trade commissioner, Maroš Šefčovič, has appealed to the UK to remain calm in post-Brexit trade talks, insisting that the bloc is 'not greedy' and is seeking mutually beneficial solutions.

In a recent interview with the press, Šefčovič stated that the EU is willing to engage in constructive dialogue with the UK, focusing on areas where both parties can benefit.

'I'm telling our UK friends: we are not greedy,' Šefčovič said, adding that the EU's approach is guided by a desire to strengthen its economic ties with the UK. The EU's trade commissioner highlighted the importance of finding solutions that work for both parties, particularly in key sectors such as financial services and agri-food.

The UK's financial services sector is a significant contributor to the country's economy, and regulatory hurdles could have a profound impact on the industry. Similarly, the agri-food sector is another key area of focus, with the EU's regulatory framework potentially affecting UK farmers and food producers.

Šefčovič's comments come at a time when trade talks between the EU and the UK are ongoing. While the two parties have made progress in recent months, significant differences remain, particularly in areas such as fishing rights and state aid.

Analysts say that Šefčovič's words are a welcome development, as they highlight the EU's willingness to engage in constructive dialogue with the UK. However, they caution that significant challenges lie ahead, particularly in areas where the two parties have fundamentally different views.

Why this matters: The EU's stance on trade talks has significant implications for the UK's economy, particularly in key sectors such as financial services and agri-food.

What this means for you: What this means for you: The outcome of trade talks will have a direct impact on the UK's economic growth, as well as the competitiveness of key sectors such as financial services and agri-food.

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.