Britain approaches an agreement with the EU on the Irish border Brexit speaks: The Times


(Reuters) – Britain is close to an agreement on the Northern Ireland border, after British officials made proposals this week to avoid a "hard border" in Ireland, according to Thursday's edition of The newspaper Times.

The EU has named the border as one of the three issues on which "sufficient progress" must be made to allow the progress of talks on a future trade agreement with Great Britain, crucial for British companies.

EU leaders are preparing to offer a two-year Brexit transition agreement starting in January after negotiators are close to an agreement on the border, The Times said, citing EU sources.

The EU is also committed to accelerating the adoption of a transition agreement that will maintain Britain's current relationship with the EU at a summit in Brussels next month, the newspaper added.

Britain and the EU have reached an agreement on a Brexit divorce bill that will eventually total around 50 billion euros, British newspapers reported Tuesday, possibly announcing a breakthrough in negotiations.

Reports of Abinaya Vijayaraghavan in Bengaluru Edition by Sandra Maler

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