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They raised the prospect of an agreement could be found as easy as next Tuesday with progress being made in a number of areas as part of the intensified wrangling over a trade deal. The two sides were said to be close to finalising a draft legal text on future common standards, including state subsidies for businesses, as part of a tentative breakthrough in the talks. Lord Frost and EU counterpart Michel Barnier are expected to pass the negotiations up to Boris Johnson and European Commission chief Ursula von der leyen to take a decision on the final trade-offs.
Despite early signs of progress, it was said there are still significant gaps between both sides on the level-playing field, fisheries and enforcing the final agreement.
It is believed it will require a political intervention to break the deadlock on fisheries with a number of EU states, including France and Belgium, still holding out for the same level of access to Britain’s coastal waters after Brexit.
The Prime Minister could be urged to hold talks with French President Emmanuel Macron in order to find a compromise.
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