Business
Starmer and Von der Leyen Push for Swift Brexit Deal Progress
Sir Keir Starmer and European Commission President Ursula von der Leyen emphasized the urgent need for swift implementation of the post-Brexit reset deal during a call on the evening of October 25, 2023. Their discussion highlighted ongoing negotiations concerning the United Kingdom’s access to the European Union’s significant defence fund amid reports of a deadlock.
Starmer stressed that “any deals must result in tangible benefits to the British public,” as stated in a read-out from Downing Street. This reflects the UK government’s focus on ensuring that any agreements made enhance both the economy and security of the nation.
Negotiations on Defence Fund and Trade Agreements
The conversation between the two leaders also addressed the ongoing discussions related to the UK’s participation in the €150 billion SAFE fund, designed to bolster European security. The fund allows UK arms companies to apply for loans, but the UK government is reportedly hesitant to meet EU demands for a substantial financial contribution. They aim to negotiate terms that ensure value for money for British taxpayers.
In addition, Starmer and von der Leyen agreed to commence formal discussions next week regarding food and drink trade agreements and emissions trading systems. A Downing Street spokesperson reiterated that “nothing has been agreed” and emphasized that all deals must provide significant benefits to the UK and its industries.
Following their call, Starmer’s office communicated a commitment to maintaining close contact with the European Commission. The leaders expressed their intention to work towards a constructive relationship that serves the interests of both the UK and the EU.
Future Talks on Standards and Benefits
Von der Leyen affirmed the progress made during their conversation, stating on social media: “Tonight I had a good call with @Keir_Starmer, during which we discussed progress made and reiterated our commitment to our renewed agenda.” She noted that negotiations on both sanitary and phytosanitary standards (SPS) and emissions trading systems (ETS) would begin next week.
Nick Thomas-Symonds, the EU relations minister, welcomed this development, highlighting that these agreements could significantly benefit the UK economy. He stated that reaching these deals would add nearly £9 billion to the UK economy, ultimately supporting British jobs and alleviating costs for consumers.
This renewed focus on collaboration follows the commitments made during the historic UK-EU Summit in May 2023. As the leaders prepare to meet at the upcoming G20 summit, the outcomes of these negotiations will be closely monitored by both British citizens and EU stakeholders.
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