UNITED STATES (OBSERVATORY NEWS) — The representatives of the 27 European Union countries on Monday approved the mission of their negotiator Michel Barnier, setting their conditions for the future trade relationship with the United Kingdom after Brexit, according to several European sources told AFP.
After obtaining the green light from the ambassadors, the mandate, which was the result of talks between different capitals, will be presented during a ministerial meeting in Brussels on Tuesday for formal approval.
“We have an agreement on the mandate at the level of ambassadors who approved it by consensus. It is good news,” one of the sources said.
The source explained that the latest version of the mandate states that “the agreement must allow for the existence of fair and competitive terms in the long run” between the UK and the European Union.
The issue of fair competition between London and Brussels is one of the main sticking points in the negotiations.
Another source said, “The mandate was clarified on all points that required this.”
The green light is a critical stage because it opens the way to negotiations in early March between the European Union and the United Kingdom, more than a month after it left the bloc on January 31.
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