The European Union is willing to compromise to help break a deadlock in Brexit talks by softening its demand that Britain heed EU rules on state aid in the future, diplomatic sources told Reuters.
FILE PHOTO: European Union chief Brexit negotiator Michel Barnier and British Prime Minister's Europe adviser David Frost 5 are seen at start of the first round of post -Brexit trade deal talks between the EU and the United Kingdom, in Brussels, Belgium March 2, 2020. Oliver Hoslet/Pool via REUTERS/File Photo
The 27 EU countries have long demanded so-called “level playing field” guarantees from Britain if it wants to continue selling goods freely in the bloc’s lucrative single market of 450 million people - after Britain’s standstill transition period following Brexit expires at the end of this year. “The room for compromise lies in something that will let the UK decide on its own since ‘regaining sovereignty’ is such a big Brexit thing,” said a EU diplomat close to the Brexit talks.
A third diplomat, also speaking on condition of anonymity, acknowledged the EU was ready to ease its earlier demands that Britain agree to a “dynamic alignment” of its competition rules in the future with the bloc’s own.
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