Trade deal unlikely for now as UK, EU clash over post-Brexit ties, but London hopeful

European Union chief Brexit negotiator Michel Barnier and British Prime Minister's Europe adviser David Frost 5 are seen at start of the first round of post -Brexit trade deal talks between the EU and the United Kingdom, in Brussels, Belgium, on March 2, 2020. (Reuters)

Britain and the European Union clashed on Thursday over a free trade agreement, with Brussels deeming it “unlikely” but London saying it still could be reached in September.

Since Britain left the bloc in January, talks on the trade agreement and other ties have all but stalled, with each side accusing the other of failing to compromise before a transition period runs out at the end of this year.

Those accusations grew after the latest round ended, with the EU’s negotiator Michel Barnier saying London had shown no
willingness to break the deadlock and Britain’s David Frost describing the bloc’s proposals as failing to meet the government’s demand to be treated as an independent country.

But both sides agreed on one thing -- there had been no movement on the thorniest issues on fair competition guarantees,
or the level playing field, or on fisheries.

“By its current refusal to commit to conditions of open andfair competition and to a balanced agreement on fisheries, the
UK makes a trade agreement -- at this point -- unlikely,” Barnier told a news conference.

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“The time for answers is quickly running out,” he said. “If we do not reach an agreement on our future partnership, there
will be more friction.”

Frost was equally blunt, saying “considerable gaps” remained but adding: “Despite all the difficulties, on the basis of the
work we have done in July, my assessment is that agreement can still be reached in September, and that we should continue to
negotiate with this aim in mind.”

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Last Update: Thursday, 23 July 2020 KSA 17:05 - GMT 14:05
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