December 30, 2019

EU may need to extend trade deal talks with UK, says von der Leyen

BERLIN, GERMANY – DECEMBER 17: New German Defense Minister Ursula von der Leyen watches as Bundeswehr soldiers parade past shortly after she took office at the Defense Ministry on the day the new German government was sworn in on December 17, 2013 in Berlin, Germany. The new government is a coalition between the German Christian Democrats (CDU), the Bavarian Christian Democrats (CSU) and German Social Democrats (SPD) following federal elections held in September. (Photo by Sean Gallup/Getty Images)

The European Union may have to extend the deadline for talks over a new trading relationship with Britain, according to European Commission President Ursula von der Leyen.

Von der Leyen told French paper Les Echos that both sides need to think seriously about whether there is enough time to negotiate a new trade deal.

Read more: Donald Trump: UK free to strike ‘massive’ US trade deal after election

“It would be reasonable to evaluate the situation mid-year and then, if necessary, agree on extending the transition period,” she told the paper.