UK, EU to work intensively to bridge gaps in fisheries
Significant gaps remained about the state of play in the negotiations on the future UK-EU relationship and they agreed on the importance of finding an agreement, if at all possible, as a strong basis for a strategic EU-UK relationship in future, the spokesperson said.
Both sides concluded their ninth round of trade talks in Brussels on Friday, with state subsidy and fisheries remain two sticking points. Britain and the EU have said a future trade deal needs to be agreed by mid-October to enable it to be approved ahead of Jan. 1, 2021.
Both sides started the lengthy and bumpy post-Brexit talks in March after Britain ended its EU membership on Jan. 31, trying to secure a future trade deal before the Brexit transition period expires at the end of the year. If there is no deal in place, Britain will trade with the EU on terms of the World Trade Organization (WTO). ■