Latest round of EU / UK talks ends without a deal

Date : 28 July 2020

EU and UK negotiators met face-to-face in London last week for a further round of trade talks.

A communique subsequently issued by the EU representative Michel Barnier expressed frustration and sought to manage expectations of a trade deal, stating that such a deal is “still far away”. Market regulation and fisheries were noted as major obstacles.

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A statement from David Frost, the UK chief negotiator, emphasises that no movement is possible on either regulation or fishing but strikes a slightly more optimistic note overall. Mr Frost did, however, warn businesses that “no-deal” remains a realistic possibility.

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There is currently one more round of talks, scheduled for 17 August, although further rounds could be arranged.

Mr Barnier has stated that October is the deadline for reaching a deal and implementing it before the end of December.

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