Negotiation

Britain on Monday urged businesses to prepare for Brexit, just days before a transition period designed to smooth the UK's departure from the European Union comes to an end.

Britain and the EU clinched a trade deal on Thursday - one which preserves zero-tariff and zero-quota access to the bloc's single market but which will still cause disruption.

Ljubljana – Barbara Uranjek, director of the British-Slovenian Chamber of Commerce, has welcomed an agreement on future relations between the UK and EU. She urged companies to prepare in time for coming Brexit-related changes. The Chamber of Commerce and Industry sees the deal as a pleasant surprise and analyst Peter Verovšek considers it a win for the EU.

Turkey on Dec. 25 welcomed the last-minute post-Brexit trade deal between the U.K. and EU.

"Turkey welcomes the deal reached in the negotiations on the future of post-Brexit relations between the United Kingdom and the European Union," said the Foreign Ministry in a statement.

Political leaders in Europe on Dec. 24 hailed the belated sealing of a U.K.-EU post-Brexit deal that aims to lay the groundwork for long-term future cooperation.

British Prime Minister Boris Johnson lauded what he termed "a good deal for the whole of Europe," which offers "a new stability and a new certainty" to relations.

The United Kingdom and European Union have reached a post-Brexit trade agreement after months of fraught negotiations, the British government said in a statement Thursday. The breakthrough averts a much-feared "no-deal" scenario that would have sparked economic chaos and risked major disruption to the flow of goods and medicines.

European stocks tumbled as a new strain of the coronavirus in the U.K. caused chaos ahead of the Christmas holiday, with regional neighbors suspending travel with the nation following another missed deadline in Brexit talks.

In a speech to the European Parliament on Friday,  European Union's chief Brexit negotiator, Michel Barnier gave a stark assessment of the ultimatum the EU is giving to the British: access to the EU's single market will be conditional on keeping British fishing waters open to boats from the bloc.

 European Union Brexit negotiator Michel Barnier said  that "the next few days are important" for negotiations if a trade deal with Britain is going to be in place for Jan. 1, when the United Kingdom finally leaves the European Union.

The long-awaited meeting will take place "in the coming days", the leaders said after a telephone conversation that lasted more than an hour on Monday, December 7. That conversation followed after a tense morning in Brussels, Jutarnji list writes.

The UK and EU have reached agreement on how rules in the Brexit divorce deal relating to Northern Ireland's borders will work in practice.

 This is a Brexit breakthrough.

 The two sides have reached an "agreement in principle" on issues including border control posts and the supply of medicines.