Next few days critical
European Union Brexit negotiator Michel Barnier said yesterday that sealing a trade pact with Britain was still possible before the country's final break with the 27-nation bloc on Decembr 31 but the next few days of negotiations would be critical.
A senior EU diplomat who attended a closed-door briefing by Barnier on the state of play in Brussels said the tortuous trade talks could collapse but for now "the patient is still alive".
"There might now be a narrow path to an agreement visible - if negotiators can clear the remaining hurdles in the next few days," another EU diplomat said, adding that success depends on London accepting "inherent trade-offs" for a fair deal.
Despite missing multiple deadlines, Britain and the EU agreed on Sunday to "go the extra mile" to try to break deadlocks on access to UK fishing waters for EU trawlers and corporate fair play rules in order to avert a turbulent split in trading ties at the end of the month.
"It is our responsibility to give the talks every chance of success," Barnier said in a tweet after his meeting with EU national envoys, adding "the next few days are important" if a trade deal is to be in place for January 1.
Going into the meeting, he told reporters that differences over free and fair competition and an access to markets and fishing waters still stood in the way of an agreement.
"And it's on these points that we haven't found the right balance with the British. So we keep working," he said.
The estranged allies are racing to seal a new partnership deal to carry on trading freely and govern ties from energy to transport beyond December 31, when Britain leaves the EU's single market and customs union after Brexit.
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