Brexit News: France to define 'action plan' on UK and fishing on October 15


French Finance Minister Bruno Le Maire touched upon varied topics in his latest interview, as he stated that France will define an 'action plan' on UK and fishing on October 15.

This comes as France has again threatened to cut the UK off from energy supplies, as it attempts to put pressure on London, concerning the ongoing row over post-Brexit fishing rights.

Additional comments

“We are one millimetre away from a global agreement on corporate tax.”

“Some member states are calling for the 10-year implementation period on tax - "why not?"”

“We need an agreement by the end of this month.”

On global corporate tax talks: “I have been waiting for more than 4 years for this.”

On global corporate tax talks: “I can wait some more days.”

“We could next week in Washington or at G20 sign the final agreement on tax.”

On natural gas: “We don't want to pay too high a price for gas in France.”

On natural gas: “I told EU partners that we don't want electricity price to be totally dependent on the gas price. “

On natural gas: “We want electricity prices in EU dependent on the average cost of production not on gas.”

On steel/aluminium tariffs: “Let’s get rid of any trade war between EU and US.”

On US relations: “We need to get rid of tariffs on steel/aluminium.”

On US relations: “If we are all determined to find a compromise there is a possibility to avoid sanctions on steel/aluminium.”

“We are on track to improve relations.”

“We want the EU to be as strong and as independent as China or the US.”

“We don't want to be dependent on China or the USA for technology.”

Related reads

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

EUR/USD recovers toward 1.1350 on modest dollar weakness

EUR/USD edged higher in the early American session and managed to erase its daily losses. Ahead of Fed Chair Powell's testimony, the pair is closing in on 1.1350. Earlier in the session, the data from the US showed that employment in the private sector rose by 534,000 in April, surpassing the market expectation of 525,000. 

EUR/USD News

GBP/USD extends sideways grind around 1.3300 ahead of Powell's testimony

GBP/USD continues to move sideways around the 1.3300 handle on Wednesday after the data from the US failed to trigger a significant market reaction. The ADP Employment Change arrived at +534K in November, compared to the market expectation of 525,000. FOMC Chairman Powell will testify at 1500 GMT.

GBP/USD News

Gold still depressed despite the better market mood

Gold recovered on Wednesday alongside the market’s mood, currently trading in the $1,780.00 region. The bright metal advanced on easing demand for the American currency, as stocks turned green following Tuesday’s setback. 

Gold News

Bitcoin to blast off to $100,000 following Plan B’s Stock-to-Flow model

Analysts are evaluating the probability of Bitcoin hitting fresh all-time highs before the end of 2021. There is a spike in fear among Bitcoin traders, but open interest in the futures market remains high despite sell-off. 

Read more

Cyber Monday 2021 Discounts!

Glued to your trading screen on Cyber Monday? Upgrade your skills by signing up for FXStreet’s Premium service, offered at a discount of up to 50%. Fellow traders have already taken advantage of Black Friday profits. What about you? 

Subscribe now!

Forex MAJORS

Cryptocurrencies

Signatures