On Tuesday, according to a report from The Times, negotiators from the European Union have signaled their willingness on creating a joint legal framework with the UK.
EU’s chief negotiator Michel Barnier said, he is ready to begin work on a joint draft version of a free trade agreement, known as a “consolidated legal text”.
Barnier expects Britain’s chief negotiator David Frost to provide more details of fishing quotas and the government’s future subsidy policy, said the report from The Times while adding that the EU has backed away from the threat to suspend security and trade talks.
Trade talks between the two are set to resume in Brussels on Tuesday and are set to last until Friday. They are the final round of negotiations scheduled so far.
Brussels has also dropped its demands for the two sides to reach a broad agreement on all outstanding areas of dispute before drafting a final agreement; furthermore, Brussels expects the UK to engage in detailed discussions on post-Brexit fishing quotas and the government’s future subsidy policy, said the report from The Times.