Barnier said the EU would 'do our utmost' to strike a trade deal with Britain before the end of the year, despite the recent breakdown of formal talks.Read More »
Trade talks between Britain and the European Union will resume later this week, Downing Street has said. A Number 10 spokesperson said the development had been sparked by EU negotiator Michel Barnier's statement in the European Parliament on Wednesday that both sides must be willing to compromise. Britain left the EU at the end of January and entered into an 11-month transition period, following EU rules and regulations whilst trying to negotiate a free-trade deal.
Britain said Wednesday it was resuming trade negotiations with the European Union, accelerating the fraught process to round-the-clock meetings in a bid to salvage a deal within weeks.