TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Jasmeen Manzoor Shares Photos of Brutal Assault

    Pakistani Anchor Jasmeen Manzoor Shares Graphic Photos After Ex-Husband Beats Her Brutally

    No Pardon for Murder: Yemeni Victim’s Family Rejects Clemency for Kerala Nurse

    Yemeni Victim’s Family Rejects Clemency for Kerala Nurse Nimisha Priya

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Aruna Upadhyay Resigns from AIMIM Amid Claims of Religious Conversions

    AIMIM’s Only Hindu Councillor in MP Quits After Conversion Allegations

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus

    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus: A Global Hybrid Threat Emerges

    Pakistan Taliban’s Network in Bangladesh Busted

    Pakistan Taliban’s Terror Web Reaches Bangladesh: Two Arrested Over TTP Links

    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Jasmeen Manzoor Shares Photos of Brutal Assault

    Pakistani Anchor Jasmeen Manzoor Shares Graphic Photos After Ex-Husband Beats Her Brutally

    No Pardon for Murder: Yemeni Victim’s Family Rejects Clemency for Kerala Nurse

    Yemeni Victim’s Family Rejects Clemency for Kerala Nurse Nimisha Priya

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Aruna Upadhyay Resigns from AIMIM Amid Claims of Religious Conversions

    AIMIM’s Only Hindu Councillor in MP Quits After Conversion Allegations

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus

    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus: A Global Hybrid Threat Emerges

    Pakistan Taliban’s Network in Bangladesh Busted

    Pakistan Taliban’s Terror Web Reaches Bangladesh: Two Arrested Over TTP Links

    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

“That isn’t going to work,” UK is deliberately delaying the Trade Deal with EU because it never wanted one

Johnson Govt is trolling EU like a pro

Mahima Kalra by Mahima Kalra
24 July 2020
in Opinions
eu uk trade deal
Share on FacebookShare on X

Once again the trade deal talks between the UK and the European Union end with no outcome and looks like the UK is deliberately delaying the trade deal talks with EU because it never wanted one.

The UK, which is the second-largest economy in Europe after Germany, exited from the European Union on the 31st of January, 2020, under the leadership of Prime Minister Boris Johnson- an outspoken supporter of Brexit.

RelatedPosts

India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

Pakistani Anchor Jasmeen Manzoor Shares Graphic Photos After Ex-Husband Beats Her Brutally

US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus: A Global Hybrid Threat Emerges

Load More

Till the 31st of December this year, Britain and the European Union are under a ‘transition period’, which means all the rules and regulations for business that were applicable to London as part of the EU will remain applicable till this date.

Both groups were supposed to ratify an agreement which will govern economic, political, and diplomatic relations between them after the end of the transition period. However, as the relations between them hit a new low with the UK tilting towards the United States more and the Germany-led EU allying with China- a deal by the end of this year looks very unlikely. UK’s chief negotiator David Frost and his EU counterpart Michel Barnier began the latest round of negotiations in London on Monday, and it ended on Thursday without any concrete outcome.

Michel Barnier, the EU chief negotiator, warned attempts to bludgeon Brussels with “ultimatums or threats” would fail, adding: “I don’t think we’ve got time for these games.”

Speaking at a press conference, Barnier said, “By its current refusal to commit to the condition of open and fair competition, and to a balanced agreement on fisheries, the UK makes a trade agreement at this point unlikely.”

The ruling party MPs of Britain also warned that Barnier’s bullying will not work and Britain is ready to go ahead without a deal. Conservative Party MP Mark Francois said, “One thing that runs through history is, people who bully us tend not to do well out of it.” He added, “That isn’t going to work and if necessary we will leave on December 31 and we will trade on Australia/WTO terms which is how most of the world trades anyway.”

Most of the analysts believe that the UK is deliberately delaying the deal as British negotiators believe that they would have an upper hand in negotiations if the economic damage due to Coronavirus is accounted for. London is expected to emerge as an even more powerful financial hub in the post-Coronavirus world, as the governments across Europe want to raise billions of dollars from markets.

Tony Travers, a professor of politics at the London School of Economics, told The New York Times, “The City of London is going to be very important as a way for governments to raise money.” He added, “They may think the EU will be more concerned about upsetting things, given the scale of coronavirus, and may give them a better deal.”

Also, given the EU’s sluggish economic growth and lethargic bureaucracy, the UK is looking for new avenues for trade and business ties in countries like India and Australia, which have the potential to grow exponentially in the coming decades. The UK might pursue a free trade deal with the EU, which currently accounts for 49 percent of its total trade, after a few years. But, its current focus is the countries with which the EU do not have FTAs as it wants to give its businesses first mover’s advantage in these countries.

India, which was negotiating an FTA with the European Union till now, has made it clear that now it will go with London for an FTA instead of Brussels. Recently the EU struck an FTA with Vietnam, which is India’s rival in attracting manufacturing, and therefore, New Delhi might decide to dump the EU altogether.

The UK is also about to start negotiations with Australia and New Zealand in a post-Brexit world. In fact, Simon Birmingham, trade and investment minister of Australia said the country is “ready to help the UK find new beginnings post-Brexit and in doing so, open up new doors for our farmers, businesses and investors”.

He also added, “We’ve been preparing for this deal since the UK decided to leave the EU and welcome their agreement to commence negotiations.

New Zealand’s trade minister, David Parker, echoed Birmingham’s sentiments. Parker said, “As the UK embarks on its next steps post-Brexit, New Zealand is pleased to be among the first countries to negotiate a trade agreement with one of our oldest friends.

The industry leaders and lobbying bodies also want the British government to aggressively pursue FTAs with non-EU countries like the United States and Japan. Chief Executive of the Society of Motor Manufacturers and Traders, Mike Hawes, said, “There is critical need for the UK to secure free trade agreements, starting with our biggest trading partner, the EU, but also with other key global markets, including the U.S., Japan and Turkey.”  

Japan and the UK aim to announce a comprehensive FTA by the end of this month, as the UK is no longer party to the FTA with the EU which Tokyo signed in 2018. However, the countries with which the EU already has FTAs are not a major focus for Boris Johnson as the UK’s businesses have already explored these markets. Moreover, given the fact that EU member countries already have FTAs with these countries; this puts the UK’s businesses at a disadvantage.

On the other hand, having FTAs with markets that are unexplored or underexplored by British businesses, like India, Australia, New Zealand, Canada and the United States, would provide new markets and investment destinations to British businesses.

The UK and the US free trade deal, which will be one of the largest in the world given the fact that the total trade between both countries is more than 200 billion dollars, is in near conclusion in its negotiations and is expected to be announced before the US Presidential election in November this year.

The Boris Johnson government is also looking for an FTA with Canada, with which the UK has historic political, business, and cultural ties.

It is very much evident that UK is deliberately delaying a deal so that it exits from the European Union without an FTA. The UK is aggressively exploring unexplored markets to have the first mover’s advantage and putting FTA with EU on a halt for at least next few years.

Share30TweetSend
Previous Post

Ladakh, Senkaku and Spratly Islands – Chinese aggression is back on multiple fronts after a brief recess

Next Post

Angry rants prove that Gehlot has almost lost the number game and is losing the CM Chair soon

Related Posts

India Built Gardens Long Before Babur Dreamt of Charbagh
History

Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

16 July 2025

While Mughal-era gardens like Shalimar Bagh and Humayun’s Tomb are widely celebrated as the epitome of horticultural art in...

Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic
Books

Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

14 July 2025

In the vast ocean of India’s civilizational treasures, few texts evoke as much passion, controversy, and confusion as the...

India Must Not Imitate The West
Opinions

India Must Not Imitate The West

11 July 2025

India must not ape the West, whose value systems, rooted in individualism, consumerism, and cultural decay, are fragmenting their...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

00:07:33

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

00:06:06

Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

00:07:47

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited