Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Friday 04 December 2020 10:01 am  |  Updated:  Friday 04 December 2020 10:49 am

ALL 27 EU member states must still approve any UK trade deal, warns Council president

By: Michiel Willems

Add as a preferred source on Google
EU Council President Charles Michel in Brussels earlier today (Reuters)

European Council President Charles Michel warned today that any agreement between UK and EU negotiators must still be approved by all 27 member states.

Michel said the 27 leaders – meeting remotely on 10 and 11 December – will take a position on the latest developments, as a deal on future relations between the EU and Britain hangs in the balance, according to a Reuters report.

“It’s unfortunate that it took longer than planned, but we’re still currently negotiating,” Michel reportedly told a news conference. “We’ll see over the next few days what the next steps are at this point in the negotiations.”

He said the European Commission, which is negotiating with Britain on behalf of the 27 EU countries, will inform member states of the result of the negotiations once they are concluded.

“We want a deal but not at any price,” Michel said. “For the European Union … the ‘level playing field’ is key.”

Final approval

Michel reportedly said any final approval by the 27 EU leaders would depend on the “balance” of any deal, especially on the most thorny issues: agreeing access to fishing waters and sharing out fishing rights, finding ways to settle disputes, and ensuring a “level playing field”, or fair competition for companies.

Michel said it was essential to ensure that any deal was acceptable to the whole bloc, and that the UK had to decide if it wanted to sign up to ambitious social, labour and environment production standards to get a deal.

“If one side of the table rejects (a tentative agreement), it’s a no-deal,” Michel said. “We will need to assess what will be probably on the table.

“The real question is, which political, economic, social project do they want for their own future? And this is a question for the British government and for the British people.”

Read more

UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax

Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Brexit
  • International

Trending Articles

  • Government accelerates social media crackdown with midnight curfews

  • Bank of England governor opens door to ‘simplifying’ financial rulebook

  • First Trust Global Portfolios Management Limited Announces Distribution for certain sub-funds of First Trust Global Funds ICAV

  • Alkermes to Report Second Quarter Financial Results on July 28, 2026

  • Clyde and Honour look keys to crack Hackwood

More from City PM

  • UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax

    Tech
    Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.
  • UK inks trade deal with Switzerland – despite shouting match

    Politics
    UK and Switzerland officials signing a trade deal, highlighting international services agreement and bilateral cooperation
  • Brexit ten years on: my journey from Remain to Leave

    Opinion
    UK Parliament voting on Brexit Leave decision, politicians in debate, capturing pivotal moment in Brexit negotiations
  • Banks call for ‘political mandate’ to bolster European defence

    Banking
    News article image depicting a significant business meeting with diverse executives discussing strategy around a conferenc...
  • Mayor gives green light for 4am Joshua vs Fury fight at Wembley

    Sport Business
    Business professionals in a meeting analyzing financial data on laptops, highlighting corporate strategy and decision-making.
  • The EU has regulated itself out of the AI race but the UK is still in the game

    AI
    Keir Starmer and Ursula von der Leyen in discussion at a political summit meeting, emphasizing UK-EU relations.
  • Starmer weighs cut to EU student fees in bid for Brexit reset

    Politics
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Optimum Asset Management’s Investor Summit in Portofino brings together Mike Pompeo, Matteo Renzi and leaders across government, finance and industry to discuss the future of the global economy and geopolitics

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook