Placeholder Image

Subtitles section Play video

  • talks about a post Brexit trade deal.

  • Have Bean paused tonight without an agreement less than a month before the transition period comes to an end.

  • The U.

  • K is lead negotiator David Frost and his EU counterpart Michelle Barnier have said that significant divergences remain on that.

  • Boris Johnson and the president of the EU Commission, Ursula von Dir lion, will meet tomorrow to discuss the next steps.

  • Our deputy political editor, Vicky Young, reports Everything will soon be changing for this distribution company and thousands of others.

  • In just four weeks.

  • Goods going back and forth across the border with the EU will need extra paperwork on checks, some fear that could lead to a widespread disruption on congestion.

  • It's difficult enough getting in and out of the UK at the moment with the delays at the border crossing safaris.

  • If you're adding 8, 16, 12 hours, whatever that may be going forward, who's gonna pick up the costs?

  • Um, if it very well that if I will start turning and if we're not earning any money in Kent, they're preparing a park for 10,000 Lorries.

  • A trade deal with EU would mean businesses could buy and sell goods without paying taxes or tariffs.

  • But there will still be more checks, whether there's a deal or not.

  • What we get a deal.

  • The EU's chief negotiator Michel Barnier, has Bean in London all week important day determination.

  • But the UK has accused the EU of making last minute demands.

  • We want you to recognize that the UK is a sovereign and independent nation.

  • On it is on the basis of that that a deal will be done.

  • Uh, it is It is tricky, but we are working hard.

  • David Frost in this team are working incredibly hard on this in good faith.

  • Eso let's see where we get thio but they didn't get very far Tonight after another day of intensive talks, everything's on hold.

  • Ah joint statement on behalf of chief negotiators Lord Frost and Monsieur Barnier said the conditions for an agreement are not met due to significant divergences.

  • They agreed to pause the talks in order to brief their principles on the state of play of the negotiations.

  • There's a lot at stake on, the Irish prime minister says.

  • He fervently hopes there will be a deal given the enormous negative impact of covert 19 on our economic and social life.

  • The last thing our citizens need now is a second shock off the kind that a no deal Brexit would bring.

  • For example, if the UK government wants to give financial help to tech firms, will it need permission from the U?

  • Would there be a punishment if it went ahead anyway?

  • This is all about businesses on one side, not having an unfair advantage over their competitors the so called level playing field on.

  • Then there's fishing.

  • You countries want to guarantee that their boats can continue to operate in UK waters.

  • If not, you might make it much harder for us, too selfish to them.

  • France, like all its partners, has a veto, will conduct our own evaluation of a deal.

  • If one exists, that's normal.

  • We owe it to the French.

  • We owe it to our fishermen on toe.

  • Other economic sectors.

  • Tonight, discussions have stalled on.

  • No one's quite sure when the negotiators will be back larger than life optimism that a deal could be close to tonight.

  • The UK side, saying they've hit a big problem on the U.

  • Needs to be more flexible.

  • So it's time for the politicians to get involved.

  • Boris Johnson will speak to the president of the European Commission tomorrow.

  • Then that's being described me by one government insider as a high stakes moment.

  • It's a chance for a breakthrough, or it could be the end of the road.

  • Although I'm not getting that impression.

  • Remember, these moments of drama do often come just before so difficult compromises on.

  • Nobody's walking away yet.

  • All right, Vicky.

  • Thank you.

  • Vicky Young and our Europe editor, Katia Adler is in Brussels tonight, so they're calling it a pause.

  • Katia, what's your reading of this?

  • Well, John, you like so much during the Brexit negotiations, we can look at this in a glass half full or a glass half empty kind of way on the glass half full side.

  • Both sides still say that they want a deal and they want to work towards a deal.

  • So it really depends what steps they now take.

  • What?

  • How willing.

  • They are on both sides to compromise, to get a deal.

  • Don't forget, these compromises are difficult and their political So you could cynically say this crisis is quite useful for both sides to show to their domestic audience.

  • We have fought to the better ends before.

  • They then agree a deal on the glass half empty side, though there are clearly very big differences.

  • And it makes sense because the U and U.

  • K have approached these trade talks from very different directions.

  • The EU the priority has always been the single market.

  • They worry about UK competition.

  • They hope to bind the UK in a kind of common rule book like on government subsidies, for example.

  • But the U.

  • K after Brexit wants to be competitive, it wants to be nimble.

  • It doesn't want to tie its hands on it wants to hold on to as much sovereignty as possible.

  • So after all, this is a deal still possible?

  • Yes.

  • Is it definite?

  • No.

  • One thing is deferent definite on that neither side will sign up to a deal unless they believe they can sell it back home as a victory.

  • Alright, Kathy.

  • Yep.

  • Thank you.

talks about a post Brexit trade deal.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it