Brexit: Will the no-deal change to a deal?

Irish Foreign Minister Simon Coveney has said he expects a trade agreement between the European Union and the UK to be ratified, although talks on post-Brexit trade ties are not stable.

The EU and the UK are due to move to post-Brexit action by December 31, but both sides remain concerned that the procedures and agreements have not yet been finalized. It is on this occasion that both parties are preparing for the concessions in the previously announced No Deal Brexit.

Although a number of legal lessons have been agreed between the European Union and the UK, the remaining issues remain difficult to resolve, says Coveney.

Meanwhile, UK and EU leaders are under great pressure to make a decision on a post-Brexit trade deal over the next week.

He added that a final decision on the trade deal would be made within the next 10 days.

Ursula von Der Lane, President of the European Commission, said that there has been good progress in the discussions and further progress on important files.

However Coveney acknowledged that their numbers were not enough to defeat EU’s trade.

He also added that, although there are approximate agreements in many agreements between the EU and the UK, things are five to 10 per cent difficult.

In addition to the post-Brexit trade agreement, there is growing concern over possible dispute resolution and fisheries issues. He said the UK and the EU should discuss post-Brexit fishing agreement too.

At the same time, the European Union is still not sure if the UK is ready for a trade deal. Coveney said the move was likely to prompt the British Prime Minister to end the deal or to find out what the EU would be willing to compromise on.