June 17, 2020 / 3:51 PM / a month ago

EU chief executive sets four conditions for Brexit deal this year

FILE PHOTO: European Commission President Ursula von der Leyen addresses the Plenary of the European Parliament on a new proposal for the EU's joint 2021-27 budget and an accompanying Recovery Instrument to kickstart economic activity in the bloc ravaged by the coronavirus disease (COVID-19) outbreak, in Brussels, Belgium, May 27, 2020. REUTERS/Johanna Geron/File Photo

BRUSSELS (Reuters) - The European Union will do its best to seal an agreement on new ties with Britain by the end of the year but will not compromise its values to achieve that, the bloc’s chief executive, Ursula von der Leyen, said on Wednesday.

The president of the European Commission told the European Parliament that British Prime Minister Boris Johnson confirmed to her that London would not seek to prolong negotiations on a new EU-UK trade deal.

“We’re ready to be creative to find common ground,” von der Leyen said. “It should be a shared interest for the European Union and the UK to never slide backwards and always advance together towards highest standards.”

Reporting by Gabriela Baczynska, Robin Emmott

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