British and European Union (EU) officials have resumed post-Brexit trade talks amid intensifying political and diplomatic uncertainty.

  According to multiple reports, the two sides are still struggling to bridge “significant differences” on fishing quotas and competition rules.

Boris Johnson: ‘significant differences’ remain over post-Brexit trade deal
The fraught negotiations are unfolding against the backdrop of political opposition at home and potential diplomatic challenges in light of the election of Joe Biden to the Presidency of the United States.

On the home front, the government is set to suffer a heavy defeat at the House of Lords on Monday (November 09) as peers are expected to reject the controversial Internal Market Bill (IMB) in its current form.

PM Johnson defends Internal Market Bill in Parliament
The opposition Labor Party has warned the UK risks becoming an “international pariah” if the IMB is passed in full.

EU denounces UK Internal Market Bill
This is a thinly-veiled reference to anticipated opposition from the incoming US administration led by President-elect Joe Biden.

Biden has previously been openly critical of the IMB, arguing it could potentially lead to a hard border between Northern Ireland and the Republic of Ireland.

Most ominously for the UK, Biden has warned this could be a “deal-breaker” for any US-UK trade deal.

  In a related development, Prime Minister, Boris Johnson announced on Monday (November 09) his plans to establish a new “Office for Investment” to encourage and motivate investors to do business in a “post-Brexit UK”.

Setting out his ideas in a

, the PM claimed the Office for Investment would be "a targeted, agile organization designed for the fast-moving society in which we now live, and a great big flashing neon sign that advertises both our openness to the world and our desire to do business with it"

Original Article Source: Press TV | Published on Monday, 09 November 2020 18:46 (about 17 days ago)