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Britain says of the Brexit trade deal: We can get there but not at any cost | Instant News


FILE PHOTO: British Chancellor Treasurer Rishi Sunak leaves Downing Street, in London, England, November 25, 2020. REUTERS / Simon Dawson

LONDON (Reuters) – Britain and the European Union could reach a Brexit trade deal and the shape is clear but London will not sign a deal at any cost, Prime Minister Boris Johnson’s finance minister said on Thursday.

With only five weeks remaining until Britain finally exits EU orbit, the two sides are trying to reach a trade deal that will avoid a tumultuous end to the five-year Brexit crisis.

“With a constructive attitude and goodwill on all sides, we can get there,” Sunak told Sky. “It’s clear what the agreement looks like.”

“It is better” to get a deal, Sunak told LBC radio. “We really shouldn’t stretch for a deal at any cost, that’s not the right thing to do.”

The head of the European Commission, Ursula von der Leyen, said on Thursday that the bloc was ready for the possibility of Britain leaving the European Union without a new trade deal despite “real progress” in tortuous Brexit talks.

An official involved in the negotiations said the deal was possible, but unlikely to happen at the earliest before the weekend. An EU diplomat said it would most likely come next week.

Reporting by Guy Faulconbridge and Paul Sandle; editing by Kate Holton and David Milliken

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Members of the European Union Parliament write to Imran; ask what Pakistan has done to the perpetrators of 26/11 | Instant News


Criticizing Pakistan for not punishing those who orchestrated the Mumbai terror attacks 26/11 2008, two Members of the European Parliament (MEP) have written to Pak PM Imran Khan. In a letter to Khan on November 24, Polish MP Ryszard Czarnecki and Italian MP Fulvio Martusciello asked to know what action Pakistan has taken against “Lashkar-e-Taiba, a terrorist organization, based in Pakistan, which is known to have carried out the shooting. and the bomb attacks that occurred in Mumbai in 2008? “.

“What action is Pakistan taking?”

According to the EU Chronicle, they further asked, “what actions has Pakistan been, and is currently taking against terrorist groups operating in the country in general?” On November 26, 2008, ten Pakistan-based Lashkar-e-Taiba (LeT) terrorists carried out 12 coordinated shooting and bombing attacks that lasted four days in Mumbai. At least 166 people, including foreigners, were killed and more than 300 injured in the attack. In this grisly attack, nine terrorists were killed and the only survivor, Ajmal Amir Kasab, was arrested and sentenced to death at the Yerwada Central Prison in Pune in 2012. On 11 November 2012, Kasab was hanged in Yerawada Prison in Pune.

Pakistani authorities continue to deny wrongdoing and have not taken action on some of the documents shared by India. In a reminder to Khan, a Prime Minister who delivered a speech to Osama Bin Laden, who praised him as a “martyr” in May this year, the two lawmakers stated, “Terrorism is the unlawful use of violence and intimidation, especially against civilians. , often in pursuit of political or ideological goals. “They added that as” European politicians, we are committed to fighting terrorism and extremist violence. We all have a responsibility to condemn terrorism and to prosecute those who commit such acts. “

‘It is necessary to condemn these acts of violence’

Czarnecki and Martusciello highlighted in their letter to Khan, “On 26 November 2008, an extremist terrorist organization, Lashkar-e-Taiba, based in the Islamic Republic of Pakistan, claimed responsibility for the Mumbai bombings in which 166 innocent people were killed. nine attackers were killed, and more than 300 people were injured. “

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“Subsequent documented evidence from US intelligence reports, from Indian intelligence services including DNA, photographs and identification of the origins of the attackers; and confessions by former Pakistani Prime Minister Nawaz Sharif of the country’s involvement in the crime; highlight their successful involvement in Pakistan. However, to date, the senior coordinator and promoter who organized the attacks are still at large, “they added.

As Europe is also suffering from the horrific consequences of increasingly radical and extremist jihad attacks, politicians say that “justice must be given to those who have perpetrated, instructed or supported terrorist activity. It is equally important for the leaders of countries to publicly condemn these acts of violence. and continues to ensure justice is done for the victims, by arresting and punishing the perpetrators. “

READ | 12 Years since the Mumbai Terror Attacks: Indians promise never to forget their brave hero 11/26

Complete letter to Prime Minister of Pakistan Imran Khan by Member of European Parliament

To
Sir. Imran Khan
Prime Minister
Islamic Republic of Pakistan

24 November 2020

Dear Prime Minister Imran Khan,

On November 26, 2008, an extremist terrorist organization, Lashkar-e-Taiba, based in the Islamic Republic of Pakistan, claimed responsibility for the Mumbai bombings in which 166 innocent people were killed, nine attackers were killed, and more than 300 people were injured. . Further documented evidence from US intelligence reports, from Indian intelligence services, included DNA, photographs and identification of the origins of the attackers; and former Pakistani Prime Minister Nawaz Sharif’s confession of state involvement in the crime; highlight the involvement of people who have succeeded in Pakistan. However, to date, the senior coordinator and promoter who organized the attack is still at large.

In any terrorist attack, including one Pakistan has recently witnessed in its own country, hundreds of families have suffered through the death or injury of a loved one. In addition, individuals from emergency services who are forced to witness the horrors of these attacks also run the risk of being harmed or suffering long-term psychological damage. It is in everyone’s interest to stop terrorism.

As you know, Europe is also suffering from the terrible effects of acts of terrorism at this time and thus expresses sympathy for those forced to commemorate the anniversary of the tragedy. Therefore, justice must be given to those who have committed, instructed or supported such terrorist activity. It is equally important that state leaders publicly condemn these acts of violence and continue to ensure justice is served for victims, by arresting and punishing the perpetrators.

Terrorism is the unlawful use of violence and intimidation, especially against civilians, often for political or ideological purposes. As European politicians, we are committed to fighting terrorism and extremist violence. We all have a responsibility to condemn terrorism and to prosecute those who commit such acts.

As Members of the European Parliament, we are writing to you to ask what action Pakistan has taken against Lashkar-e-Taiba, an extremist Islamic terrorist organization, based in Pakistan, known to have carried out the various shooting attacks and bombings that took place in Mumbai. in 2008? Besides, what actions has Pakistan been, and is, taking against terrorist groups operating in the country in general?

While the former Prime Minister of Pakistan has alluded to Pakistan’s role in terrorist activities in 2008, it is imperative for victims to exercise closure when due process goes through the justice system and the actions of the attackers and their accomplices are condemned by the country’s leaders through their actions to prevent impunity.

Signed by a Member of the European Parliament

Mr. Ryszard Czarnecki, Member of the European Parliament

2. Mr. Fulvio Martusciello, Member of the European Parliament

READ | 26/11 Anniversary: ​​Indian-American protests in front of Capitol Hill demanding justice

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Failure to secure a Brexit trade deal will wipe out an extra 2% off UK – OBR output | Instant News


LONDON (Reuters) – Britain and the European Union’s failure to agree on a free trade deal will wipe out an additional 2% of British economic output while driving up inflation, unemployment and public borrowing, official estimates showed on Wednesday.

FILE PHOTOGRAPH: Euro and pound banknotes are seen in front of the letters BREXIT in the image illustration taken on April 28, 2017. REUTERS / Dado Ruvic / Illustration

The Office of Budget Responsibility reviewed Brexit forecasts after ruling the prospect of a “no-deal” exit remained a risk, more than five weeks before Britain completely left the world’s largest trading bloc on December 31.

The OBR said the imposition of tariffs under World Trade Organization rules and disruption at the borders will hit parts of the economy such as manufacturing that have emerged relatively unscathed from the COVID-19 pandemic.

The independent body has predicted Brexit will cost Britain 4% of GDP in the long term even if the UK secures a free trade agreement with the EU, compared to if Britain remains in the bloc.

“This (no deal) will further reduce output by 2% initially and 1.5% on forecast,” he said.

The initial economic hit will be felt at the start of the following year, and OBR estimates that some of the lost output will recover over the next five years.

Unemployment, at 4.8% in the third quarter of 2020, could peak at 8.3% in the third quarter of 2021 if there is no agreement – 0.9 percentage points higher than its central estimate for the period.

Consumer prices could rise 1.5% above the OBR center forecast, and lower tax revenues and higher spending on welfare and other measures could mean borrowing more than 10 billion pounds ($ 13.38 billion) on average. a year from 2021-22 onwards, pushing up debt.

“The imposition of tariffs on EU imports, higher non-tariff barriers, and a fall in the exchange rate all raise consumer prices, making them 1.5% higher than our central estimate,” OBR said.

($ 1 = 0.7473 pounds)

Reporting by Kate Holton and William James; editing by James Davey and Timothy Heritage

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In UK-Brazil JETCO | Mirage News | Instant News


  • The 11th meeting of the United Kingdom – Brazil Joint Economic and Trade Committee (JETCO) was held on November 11, 2020 via video conference. The meeting was co-chaired by Roberto Fendt, Brazil’s Special Secretary for Foreign Trade and International Affairs, and the Honorable Elizabeth Truss, British Foreign Minister for International Trade.

  • At the first meeting between the current Brazilian and British governments, the two sides realized the changing background of JETCO, both politically with Britain having left the EU, and because of Covid-19. The moment presented both opportunity and a sense of urgency in pressing for a closer and deeper relationship between Britain and Brazil. The two sides reaffirmed their commitment to strengthening bilateral commercial relations and to cooperate in promoting bilateral trade and investment relations between the two countries.

  • Brazil and the UK have agreed to do their best to build a long-term vision for enhancing their trade relationship, in order to maximize potential opportunities. To that end, they agreed to continue working on market access and to intensify preparations for a future Free Trade Agreement, where they would reconvene to check progress within six months.

  • The two countries recognized that the Treaty to avoid Double Taxation would facilitate a substantial increase in trade and investment flows between Brazil and the UK. It has become one of the top investment promotion mechanisms raised by companies in both countries. They are committed to developing further discussions to address technical issues, and report on progress made on the next Economic and Financial Dialogue between the Chancellor of the United Kingdom and the Minister of the Economy of Brazil.

  • Brazil and the United Kingdom note the opportunities brought about by an intensive exchange of views on market access, services, intellectual property, trade facilitation and the business environment to enhance bilateral cooperation, trade and investment flows. The UK strongly welcomes the recent modernization of Brazilian regulations affecting an estimated £ 140 million of UK exports across sectors including Agriculture, Financial Services and Energy.

  • Britain welcomes news that Brazil has amended its national Geographical Indication law, which allows gentilics to be registered, and Brazil is committed to considering the application of the Scotch Whiskey Association for recognition of scotch whiskey. The UK said it would welcome Brazil’s future GI applications, including Cachaça, from 1 January when the UK Government will launch its new GI scheme. The minister asked for renewal in four months.

  • The two Ministers emphasized the role of free and open trade in providing economic growth and prosperity for the economies and people of Brazil and Britain, especially to recover from the economic shocks of Covid-19. They agreed that this recovery should be based on building more sustainable and resilient economies and reaffirmed their commitment to promoting low carbon growth and green jobs. They also agreed to pursue their trade relationship in a way that contributes to sustainable development and builds on their multilateral commitments, and reaffirmed their commitment to better support the transition to more sustainable energy sources and supply chains, noting the importance of fighting illegal deforestation. . The UK also stressed the importance of dialogue with other major consuming and producing countries, to promote sustainable growth ahead of COP26.

  • Brazil and the United Kingdom recognize the importance of strengthening economic ties through clean and sustainable growth. They have accelerated discussions and intend to sign, before the end of 2020, a Memorandum of Understanding that strengthens mutual cooperation on clean growth, while supporting efficient and competitive energy markets and encouraging more trade and investment.

  • The two Ministers also recognized the importance of the services sector and supported greater cooperation between UK and Brazilian regulators as a way to exchange best practices on regulatory issues on services to provide a more efficient business environment in both jurisdictions and increase bilateral service trade and investment. .

  • Turning to the sustainable challenges presented by Covid-19, the UK and Brazil remain committed to keeping supply chains open and functioning. The United Kingdom recognizes Brazil’s important role as a major food exporter and its efforts to keep exports afloat despite the logistical constraints brought about by the pandemic. The two countries agreed to build on the commitment made by the G20 Trade Ministers on 14 May 2020 to keep trade in medical goods flowing in connection with the use of trade restrictions during the pandemic. Brazil and Britain agreed to work together towards permanent measures that ensure greater liberalization of these goods, while preventing new export restrictions and strengthening their health care systems, ensuring essential supplies to both countries.

  • Brazil and the UK agree that strong international cooperation, including through the G20 and multilateral economic forums, is necessary to promote a sustainable global economic recovery. The two countries reaffirmed their commitment to strengthening a rules-based multilateral trading system, and agreed on the need for comprehensive World Trade Organization reforms to increase transparency. It was agreed that this is essential to promote investment, increase productivity and integrate the economy into global supply chains. Brazil hopes to work with Britain in the WTO as an independent member. Brazil also emphasized that, as part of the current momentum of bilateral relations, its market access conditions must not be damaged by Britain’s exit from the European Union.

  • Brazil’s request to join the Government Procurement Agreement is recognized as an important step towards liberalizing trade and investment. The UK also reiterates its firm and active support for Brazil’s accession to the Organization for Economic Cooperation and Development (OECD) and is pleased to announce an additional £ 600,000 allocation to the Prosperity Fund that will help accelerate this process by accelerating work. about transfer prices in Brazil.

  • The ministers were pleased that business representatives from the two countries could meet, before the Plenary meeting, at the business roundtable, where they had the opportunity to highlight and discuss the opportunities and challenges faced by their companies in relation to bilateral trade and investment. Their discussions were reported to the Plenary and both parties agreed to further develop joint initiatives based on these discussions.

  • Ministers celebrate the holding of the 5th Brazil – United Kingdom High-level Strategic Dialogue meeting on October 7, chaired by the Brazilian Foreign Minister and the British Foreign Minister. They also expressed hope that the 4th meeting of Brazil – United Kingdom Economic and Financial Dialogue (EFD) will take place before the end of the year, chaired by the Minister of Economy of Brazil and the Chancellor of the Finance of Great Britain.

  • Brazil and the UK aim to continue to work together in the context of JETCO in order to build a productive dialogue to strengthen bilateral commercial and investment relations.

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    Turkey summons EU envoys, Germany, Italy after the interception of commercial vessels bound for Libya | Instant News


    The Turkish Foreign Ministry late Monday summoned the ambassadors of Germany, Italy and the European Union to protest against the illegal interception of Turkish vessels bound for Libya during the EU-led Operation Irini in the Eastern Mediterranean.

    “These countries have sent diplomatic notes. In that note, it is affirmed that the incident violates international law and that our right to compensation is protected,” Foreign Ministry spokesman Hami Aksoy said in a statement.

    “Operation Irini is a side operation. It is an operation that aims to punish the legitimate Libyan government and does not inspect weapons supplies to rebel General Khalifa Haftar, and is engaging in arbitrary practices,” Aksoy previously emphasized.

    A German frigate participating in the EU-led Operation Irini unlawfully stopped and searched a Turkish commercial cargo ship carrying food and paint supplies to Libya in the Eastern Mediterranean, security sources said.

    Footage obtained from the interception shows armed soldiers boarding the ship in a manner that resembles a counterterrorism operation.

    Confirming a report in Der Spiegel news magazine, a German spokesman said the Hamburg frigate had intercepted ROSELINE A about 200 kilometers (125 miles) north of the Libyan city of Benghazi on Sunday evening.

    Aksoy noted that the Turkish ship’s captain cooperated with Operation Irini’s forces and shared extensive information about the ship’s cargo and navigation but faced hours of inspection despite their cooperation.

    “All staff were detained and the captain was held at gunpoint by soldiers during the questioning,” said Aksoy. He added that the search was carried out without the approval of the ship’s country of origin.

    He went on to note that the intervention only ended after Turkey balked at the unlawful search.

    Aksoy strongly condemns the search of the Turkish commercial vessel and the treatment of its staff as criminals.

    He underlined that interception in international waters requires flag state approval and that UN Security Council (UNSC) resolutions do not abolish this obligation.

    Aksoy also said the European mission had adopted a double standard against the legitimate government in Libya and was specifically targeting commercial ships bound for Libya from Turkey.

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