Brexit: EU and UK negotiators resume trade talks in London

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image captionMichel Barnier (right) is returning to London for the talks with Lord Frost

EU and UK officials will resume trade talks in London later at the start of another key week for the negotiations.

They will try to bridge what the two sides have said are still significant differences on fishing quotas and competition issues.

Boris Johnson said on Sunday that the “outlines” of an agreement were clear and a deal was “there to be done”.

But he has insisted the UK is prepared to leave the single market and customs union on 31 December without agreement.

The EU’s chief Brexit negotiator Michel Barnier and his UK counterpart Lord Frost are in a race against the clock to conclude a future economic partnership in time for it to come into force when the post-Brexit transition period ends on 31 December.

The UK left the EU on 31 January but continues to follow the bloc’s rules until the end of the year.

If there is no agreement at that point, trade between the two countries will default to World Trade Organization rules – with tariffs set to be introduced on many imports and exports, pushing up costs for firms and consumers.

Both sides say they want to avoid this although the EU has said it will not do a deal “at any price”.

The UK has said it is willing to leave, if necessary, on what it calls “Australian terms” – which it conceives as limited sector-by-sector agreements mirroring those the EU currently has with Australia. But it would mean the UK would largely be trading on WTO rules.

Mr Johnson told the Associated Press on Sunday that a more comprehensive deal on trade in all goods and services, based on the EU’s agreement with Canada, was “there to be done”.

“I’ve always been a great enthusiast for a trade deal with our European friends and partners,” he said.”The broad outlines are pretty clear, we just need to get on and do it if we can.”

Following a phone call with Mr Johnson on Saturday, European Commission Pre

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