Connect with us

Business

More ‘oomph’: UK’s Johnson eyes Brexit trade deal by July

Published

on

British Prime Minister Boris Johnson said he believed stuttering post-Brexit trade talks could conclude by as early as next month, after a meeting with EU chiefs that saw both sides commit to ramping up negotiations.

An upbeat Johnson emerged from an hour-long video conference call with European Commission president Ursula von der Leyen and other leaders to reveal he had told them to “put a tiger in the tank” and add “a bit of oomph” to three months of talks.

“I don’t think we are actually that far apart,” he said. “The faster we can do this, the better, and we see no reason why you shouldn’t get that done in July…

“I don’t want to see (the talks) going on until the autumn, winter.”

The two sides earlier said in a joint statement that “new momentum” was required, after four rounds of negotiations and little to show for it.

The leaders also agreed to pursue a possible “early understanding” on the broad principles of the deal, in an acknowledgement that negotiations could run out of time.

It was Johnson’s first personal involvement in the talks, which began just weeks after Britain left the European Union on January 31 after 47 years in the European project.

He won election victory in December last year on a promise to “get Brexit done” but is under pressure because of the economic fall-out from the coronavirus outbreak.

Businesses are also demanding more certainty about new cross-Channel trading rules once Britain leaves the single market and stops adhering to Brussels’ rules on December 31.

EU Council chief Charles Michel said on Twitter they were “ready to put a tiger in the tank but not to buy a pig in a poke”.

‘Battle of strategies’

Talks have been led by EU negotiator Michel Barnier and his British counterpart David Frost. PHOTO: POOL/AFP / Olivier HOSLET

Both sides hoped the intervention of Johnson and von der Leyen could revive proceedings, which have mostly taken place online because of the global pandemic.

Johnson, Britain’s chief negotiator David Frost and his EU counterpart Michel Barnier all caught the virus.

Negotiators complain the format has not lent itself to making compromises and finding common ground on thorny issues.

Added pressure came after Britain on Friday formally declared that it would not seek to extend the post-Brexit transition by one or two years — something it could have done according to the terms of the divorce deal Johnson signed last year.

Repeated stumbling blocks include British refusals to accept EU calls to commit to European standards overseen by EU law to keep open access to the single market.

Brussels says that would maintain a “level playing field”.

“Level playing field is essential,” Michel said.

Britain says its border checks will be ‘light-touch’ for the first months of next year, whatever the outcome of the talks. PHOTO: AFP / Ben STANSALL

“We cannot accept the UK’s attempts to cherry-pick parts of our single market benefits,” Barnier said in a speech on Thursday.

The EU is also asking for continued guaranteed access to British waters for European fishing fleets, which Britain has so far refused.

Instead, they have proposed annual talks on quotas for catches.

“The cherry-picking is on the side of Brussels,” complained Greg Hands, the UK’s junior minister for trade, to German public radio, citing the case of fishing rights.

Britain wants to keep strong business ties to the EU single market, the world’s biggest — but London will not recognise any mention of EU law or court decisions in the deal, seeing that as a violation of sovereignty.

Johnson’s government also refuses to discuss many topics beyond trade that the Europeans would like to have bound to the same deal, including security, diplomacy, research and data flows.

‘Early understanding’

Opinions differ on how soon a deal needs to be struck.

The EU pushed October 31 as a deadline, while Britain has said this summer was the last chance.

The statement on Monday seemed to indicate that both sides agreed that some sort of deal in principle could be acceptable given the time constraints.

Intensified talks, it said, “should include, if possible, finding an early understanding on the principles underlying any agreement.”

A deal in principle could be enough to avoid the damaging consequences of no deal on December 31 and effectively extend the negotiations beyond this year.

Failure to agree a trade deal will lead to tariffs, customs and regulatory checks and other obstacles — in effect removing Britain from Europe’s supply chain.

Reporting and photos: AFP

Business

Maldives celebrates arrival of 2024’s 1 millionth tourist

Published

on

Maldives on Thursday welcomed the one millionth tourist to visit this year.

The one millionth tourist is a Thai named Sutapa Amonwivat, who arrived from Singapore with her husband and two children. This is her second visit to Maldives.

Maldives Marketing and Public Relations Corporation (MMPRC) and the Ministry of Tourism gave a warm welcome to Sutapa at the Velana International Airport (VIA) Thursday afternoon. She was welcomed at the VIA by tourism minister Ibrahim Faisal, MMPRC Managing Director Ibrahim Shiury and senior officials of various relevant agencies.

After welcoming her with traditional offerings, she was presented with various gifts by the ministry, MMPRC, customs, immigration, Maldives Association of Travel Agents and Tour Operators (MATATO) and Trans Maldivian Airways (TMA).

Maldives reached one million tourists in June, three weeks earlier than last year. The number of tourists reached one million on July 16, 2023.

Maldives expects to reach 2 million tourists this year.

Continue Reading

Business

New air route connects Chongqing to Maldives

Published

on

Chongqing Airlines on Monday began its inaugural flights to Maldives.

The Chongqing-Male route, scheduled three times a week, is expected to strengthen the bonds between China and the Maldives, opening up exciting new opportunities for tourism and cultural exchange.

The inaugural flight was welcomed upon its arrival at Velana International Airport (VIA) in Maldives, where local officials and tourism representatives expressed their enthusiasm for this new development.

“We warmly welcome our friends from China to our beautiful islands. This new connection strengthens our bonds and opens up new opportunities for tourism,” the tourism ministry said on X.

Maldives currently welcomes four airlines from China, including China Eastern, Beijing Capital Airlines, Xiamen Airlines.

In January, Maldives government urged tourism stakeholders in both Maldives and China to ramp up efforts to restore China’s position as the primary source market for Maldives tourism, a status held before the onset of Covid-19.

China, being the largest source market for Maldives tourism before the pandemic, saw a resumption of tourist arrivals from January 2023 after a three-year hiatus due to the pandemic. In 2023, the Maldives welcomed 187,118 Chinese tourists, marking a significant recovery in numbers. This year, the Maldives has welcomed the most number of tourists from China, with over 107,940 or 11.5 percent of total arrivals by June 12. 

Continue Reading

Business

CROSSROADS Maldives Introduces Weixin Pay at resorts for seamless guest experience

Published

on

CROSSROADS Maldives has introduced WeChat Pay, widely known as Weixin Pay in China, across its world-class resorts, SAii Lagoon Maldives, Curio Collection by Hilton, and Hard Rock Hotel Maldives. This payment option is made available to enhance the convenience and overall experience for guests from China, making their stay in the Maldives more enjoyable and hassle-free.

Understanding the needs of the diverse guests, CROSSROADS Maldives has integrated WeChat Pay into operations, allowing guests from China to easily and securely conduct transactions using a payment method familiar to them. The introduction of WeChat Pay is a testament to CROSSROADS Maldives’ dedication to enhancing guest satisfaction by offering exceptional experiences at every turn. What is also expected through this initiative is that the guests could benefit from better foreign exchange rates, translating to better savings on their expenditures during their stay.

The option is available for guests in-house conveniently at both resorts as well as across the Marina at CROSSROADS Maldives where a wider variety of unparalleled dining and retail experiences are available for all guests. The day visitors from China will also therefore equally benefit from this new introduction at the Maldives’ premier multi-island integrated leisure destination.

SAii Lagoon Maldives, Curio Collection by Hilton, is a vibrant tropical escape that offers unique and locally inspired experiences. The resort features spacious rooms and villas, a variety of dining options, and an array of recreational activities designed to cater to the desires of modern travellers. Guests can escape to the island’s SAiisational natural beauty, enjoy water sports, and indulge in spa treatments, all while relishing the personalised service that defines Hilton’s Curio Collection.

Hard Rock Hotel Maldives brings the iconic Hard Rock spirit to the tranquil shores of the Maldives. This family-friendly resort offers a perfect blend of relaxation and entertainment, featuring music-inspired experiences, live performances, and the brand’s signature amenities. With luxurious accommodations, diverse dining options, and a plethora of activities for all ages, Hard Rock Hotel Maldives ensures an unforgettable holiday experience for every guest.

Continue Reading
Advertisement

Trending

Copyright all rights reserved by Maldives Promotion House 2023.