UK-EU dissonance disguises fact that they are really singing from same song sheet

THERE are solid grounds for optimism that the European Union and United Kingdom will achieve a fair and satisfactory trade deal. Initial documents spelling out their objectives show that the two sides aren't too far apart, and hence an accord could be reached by the end of 2020.

The EU's 33-page outline on "negotiating a new partnership with the UK" largely contradicts the negative outpourings of some of the UK media. Prime Minister Boris Johnson has been reported as being almost ready to walk away from a deal with the EU because it wants to foist its regulations on the UK.

A close look at the documents stating the two parties' positions indicate that these pessimistic conclusions are exaggerated. Inevitably, as occurs in all negotiations, there will be snags and sturm und drang. But it is evident that ultimately realpolitik is driving the leaders and negotiators as both the EU and UK need each other.