UK tells EU on Brexit: Blink or there will be no deal
[LONDON] The United Kingdom told the European Union on Friday that it had to give ground or there would be no Brexit free trade deal by the end of the year, saying there had been very little progress in talks.
"We made very little progress towards agreement on the most significant outstanding issues between us," UK chief negotiator David Frost said.
Mr Frost said "the major obstacle" to a deal was the EU's insistence on including a set of novel and unbalanced proposals on the so-called 'level playing field' which would bind the United Kingdom to EU law or standards.
"As soon as the EU recognises that we will not conclude an agreement on that basis, we will be able to make progress," Mr Frost said.
"The EU continues to insist on fisheries arrangements and access to UK fishing waters in a way that is incompatible with our future status as an independent coastal state," Mr Frost said.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Abu Dhabi’s IHC to buy back up to US$1.4 billion of its shares
Dubai’s financial centre expects ‘busiest year’ as firms rush in
Israel strikes Gaza city of Rafah after evacuation order
Britain's King Charles III marks first anniversary of coronation
German deficit forecast at 1.75% in 2024, says stability council
SNP veteran John Swinney set to be Scotland’s next leader