Trade deal still some way off, say both camps – BBC

  • The UK and the EU have admitted they still remain some way off reaching a post-Brexit trade agreement.
  • The UK has said there are still “considerable gaps” in the most difficult areas.
  • Mr Barnier said both sides were still “far away” from concluding a deal.
  • The two sides are due to meet informally in London next week, with another round of official talks scheduled for mid-August.
  • The EU negotiators said there was no chance of a deal being reached unless the UK changed its stance towards topics which are “at the heart” of the EU’s interests.
  • Barnier said that the UK’s refusal to commit to fair and balanced agreements on fisheries makes an agreement, at this stage, “unlikely”.
  • It is thought an agreement will be needed by the end of October in order to ratify it before the end of December.
  • The UK’s chief negotiator, David Frost, said the rules on the level playing field provisions remained the most challenging topics.
  • The UK feel the EU’s offers are not enough to break the deadlock and still do not go far enough to address Britain’s concerns.
Author

Jessica's practice focuses on international trade and anti-bribery work, encompassing customs, export control and sanctions matters. Jessica's trade work includes advising international clients on fast-moving and evolving EU and UN sanctions, notably in respect of Iran and Russia, and on compliance with UK and EU export controls. Her trade experience also includes advising on tariff classification and customs valuations. Jessica's anti-bribery experience includes assisting with investigations, and advising clients on compliance with anti-bribery laws. Jessica has also taken a lead role in monitoring Brexit-related developments; analysing how they will affect the UK's trading position generally, and clients' businesses specifically. She has helped clients begin to conduct risk assessments of how Brexit will impact their businesses, and has assisted them in developing tailored Brexit strategies. Jessica also presents at various seminars, webinars, and conferences on the complexities of Brexit. Jessica advises global clients on complex issues arising from international transactions and works with clients across a number of sectors including pharmaceuticals, defence, finance, aviation, energy, and telecommunications. Jessica has also worked previously in Paris, and is fluent in French.

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