Terms of Use & Legal Information

Before you access the Patagro Handels GmbH website, please carefully read and accept the terms of use. By accessing these pages, you must agree to the terms and conditions set forth herin.


1. Corporate Details & Non Regulation Statement

Patagro Handels GmbH is a private limited company incorporated in the canton of Nidwalden, Switzerland with commercial register number CHE-102.525.840.


Patagro Handels GmbH is not authorised or regulated by FINMA (Swiss Financial Market Supervisory Authority), Financial Conduct Authority nor does it hold a licence with any other governing body as its activities are exempt from regulation. Patagro Handels GmbH does not provide nor offer products or services to the public. All funds remain of a proprietary nature and are private to Patagro Handels GmbH.


For further information, please contact Patagro Handels on +41 41 880 550 or email ph.relations@patagrohandels.com


2. No Offer, Non-binding

The information published on the Patagro Handels website does not constitute a recommendation, an offer or an invitation to purchase or sell investment instruments, to carry out transactions or to conclude any legal transaction. All published information is also not intended for investment advice and does not provide any advice in legal, fiscal, economic or other matters.


3. No Warranty or Reservations

No guarantee can be given for the accuracy, completeness, topicality, availability and legality of the information published on the pages of Patagro Handels. Furthermore, no guarantee can be given that the following pages of Patagro Handels are at all times free of interference and work flawlessly and that they are free from any viruses or other harmful elements.


4. Website / Links

Certain links on the website of Patagro Handels lead to websites of third parties. These are completely withdrawn from the influence of Patagro Handels, which is why Patagro Handels assumes no responsibility for the correctness, completeness and legality of the content of such websites, as well as any offers and (services) contained on them.


5. Disclaimer of Liability

Patagro Handels assumes no liability whatsoever for any losses or direct or indirect damages and consequential damages that may result from the use of the websites of Patagro Handels, the information published there or from links to third party websites.


Irish Border Spat Complicates Brexit Transition Talks | Patagro Handels

Irish Border Spat Complicates Brexit Transition Talks

The U.K. has significant ground to make up on the Irish border issue before next week’s summit where it aims to clinch a deal on a Brexit transition period, European diplomats said.

While both sides are keen have a deal signed off by EU leaders at the meeting, the gap on the Irish question remains wide, according to three diplomats, who asked not to be identified as talks are ongoing. If the EU isn’t satisfied with British proposals for avoiding a hard border, they might attach more conditions to a transition agreement, one of the officials said.

U.K. Brexit Secretary David Davis said he’s aiming to turn the draft exit terms into a legal text and to reaching a “crucial” deal on the transitional period during two days of talks from March 22. On balance the two sides will probably manage to bridge their differences over the remaining days, one of the diplomats said.

Germany is keen to give the U.K. transition, which will extend the terms of the U.K.’s single market and customs union membership beyond exit day on March 29, 2019, the diplomat said, though France views transition as a prize to be awarded only if the U.K. makes significant progress on outstanding issues like the Irish border.

The need for progress on the Irish border issue before approval of the transition period was agreed by diplomats from the bloc’s 27 remaining countries at a meeting on Thursday morning, according to two EU officials.

May Says No

The EU earlier this month published a draft withdrawal text which sets out in detail a so-called fallback option for managing the frontier on the island of Ireland after Brexit. Under that proposal, Northern Ireland would remain aligned with the Republic of Ireland if a future trade deal between the EU and U.K. isn’t comprehensive enough to avoid a hard border.

U.K. Prime Minister Theresa May instantly rejected that suggestion saying no British leader could accept it. EU officials are now waiting to see what the U.K. has to propose instead, the diplomat said.

Brexit negotiators are due to hold a month of intensive talks aimed at ending the deadlock over the Irish border. A dedicated new strand in the negotiations — which will involve the U.K, the European Commission and the Irish government — will get under way on March 26 and last until April 18, officials familiar with the plans said Thursday.

Possible Caveats

Ultimately, it may come down to the caveats the EU attaches to any transition agreement next week. If the EU is happy with progress — and it hasn’t set down specific tests on Ireland — transition will be agreed in a clear and unambiguous manner. If not, qualifications might be added, such as clearly signposted reviews, according to one of the diplomats.

Either way, it will be made clear that the final agreement, including on transition, will be linked to a satisfactory resolution to the Irish question, the official said.

British negotiators are convinced they will get a transition deal agreed at next week’s summit, despite Irish concerns. They insist that holding up a deal because of the border issue would be irrational since the question can’t be fully resolved until the future trade and customs arrangements are discussed later on in the process.

Credit: Bloomberg