British Chancellor of the Exchequer Rachel Reeves speaks to the media on the EU Council headquarters on December 9, 2024 in Brussels, Belgium.
Thierry Monasse | Getty Photos Information | Getty Photos
BRUSSELS, Belgium ꟷ President-elect Donald Trump has not but returned to the White Home, however the UK and the neighboring European Union are already working extra carefully collectively to guard in opposition to potential commerce and protection confrontations with the brand new American chief.
British Chancellor Rachel Reeves traveled to Brussels on Monday to satisfy her European counterparts within the first such assembly since Britain left the European Union in 2020. Her host, the president of the Eurogroup, Paschal Donohoe, mentioned he hoped it could be the primary of “many” conferences. .
“There was a broadly shared sense that, in a world of turmoil, we continued to have widespread pursuits and values,” an EU official, who didn’t want to be named as a result of delicate nature of conversations. with the British Chancellor.
The identical official added that these widespread values concern Ukraine, China and the USA.
Reeves and his counterparts didn’t share particular particulars in regards to the Brussels conversations, however talked about earlier than its conferences that there are three areas wherein Britain and the EU can do extra collectively: supporting Ukraine, selling free commerce and strengthening bilateral financial partnerships.
It stays to be seen how these conversations progress, however a couple of conferences have already been added to the agenda to handle these themes.
British Prime Minister Keir Starmer is conducting his personal short-term EU liaison, attributable to host European Council President Antonio Costa this Thursday and anticipated to attend a gathering of EU heads of state in early 2025.
I didn’t come right here as we speak to begin a negotiation.
Rachel Reeves
British Chancellor
A senior European diplomat, who additionally wished to stay nameless as a result of sensitivity of the negotiations, informed CNBC that the bloc may gain advantage from rapprochement with the UK due to Britain’s historic “particular relationship.” Brittany and the USA. This reflection comes in opposition to the backdrop of the US president-elect’s feedback on the potential for imposing tariffs on European international locations and decreasing Washington’s help for Ukraine. Trump beforehand informed NCB’s Meet the Press that he would “in all probability” reduce that help.
Ignacio García Bercero, a non-resident member of the Bruegel assume tank and former EU chief negotiator in commerce talks with the USA, mentioned the EU wanted to consider its relationship with the UK within the face of a potential strengthening of protectionism on the a part of the USA.
“It will even be necessary, strategically, for the UK and the European Union to debate these points. We are going to make certain that once we strategy the USA, we are going to achieve this in a method that’s constant and doesn’t create issues [in resetting relations with the U.K.]” he mentioned.
The UK and EU have endured tumultuous years following the Brexit vote, with advanced negotiations straining their ties. The brand new Labor authorities, which took energy in July after 14 years of rival Conservative rule, needs to revive confidence and finish the latest confrontation.
“I did not come right here as we speak to begin a negotiation or to make a collection of calls for, these reset conversations and people negotiations will start within the new 12 months, however my objective as we speak was to begin rebuilding these bonds of belief which have been damaged in recent times,” Chancellor Reeves mentioned in Brussels after her assembly.
On the identical time, she made clear that she was not centered on negotiations to rejoin the EU or change Britain’s exit preparations.
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