It is now very likely that a no deal Brexit will be completed by the end of the year, a spokesman for the British Prime Minister Boris Johnson said on Thursday.<\/p>\n\n\n\n
Talks are in a serious situation and there is no room for an agreement unless the European Union (EU) changes its position, according to the United Kingdom\u2019s PM office.<\/p>\n\n\n\n
The President of the European Commission, Ursula von der Leyen, said that it is very challenging to overcome the big differences between the two sides, as cited by Reuters.<\/p>\n\n\n\n
The EU\u2019s chief negotiator Michel Barnier said on Monday that a deal is still possible, noting that the upcoming days are critical, Reuters reported.<\/p>\n\n\n\n
Reuters quoted another EU diplomat as saying that \u201cthere might now be a narrow path to an agreement visible \u2013 if negotiators can clear the remaining hurdles in the next few days.\u201d<\/p>\n\n\n\n
Disagreements are mainly within three issues, namely: fisheries, competition rules, and governance.<\/p>\n\n\n\n
The two sides are reportedly near an agreement on fishing rights, and the other two issues, especially as time is running short to reach a deal.<\/p>\n\n\n\n
The UK and the EU have reportedly exchanged warnings that time is passing by without reaching a deal for the post-Brexit era, as the transitional period expires by the end of the year.<\/p>\n\n\n\n
Previous negotiations that took place in London were reportedly quite difficult with massive disagreements remaining.<\/p>\n\n\n\n
The UK is ready to reach a trade agreement with the EU but not at any cost, the British finance minister said at the beginning of the month.<\/p>\n\n\n\n
However, a frame for an agreement is reportedly in place, according to Rishi Sunak.<\/p>\n\n\n\n
Sunak, who recently played down the effect of a no trade deal Brexit in an interview with the Financial Times, told reporters \u201cwith a constructive attitude and goodwill on all sides we can get there.\u201d<\/p>\n\n\n\n
Meanwhile, the head of the European Commission, Ursula von der Leyen, said that the EU is ready for the possibility of a no deal Brexit despite genuine progress in negotiations.<\/p>\n\n\n\n
The Prime Minister of Ireland, Micheal Martin, said last week that he is hoping the outline of a Brexit free-trade deal will come up by the end of the week, despite the continuous difference in opinions between the United Kingdom (UK) and the European Union (EU), Reuters reported.<\/p>\n\n\n\n
Last month, Johnson said that the time has come to be ready for a not reaching a trade deal with the EU.<\/p>\n\n\n\n
According to Johnson, the European Union refused to negotiate seriously.<\/p>\n","protected":false},"excerpt":{"rendered":"
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