The face-to-face meeting between British Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen on Wednesday evening failed to produce a breakthrough on post-Brexit trade relations.
“We had a lively and interesting discussion on the state of play across the list of outstanding issues. We gained a clear understanding of each other’s positions. They remain far apart,” the two leaders said in a joint statement after their talks over dinner at the headquarters of the European Commission.
“We agreed that the teams should immediately reconvene to try to resolve these essential issues. We will come to a decision by the end of the weekend,” the statement said.
But earlier on Wednesday, both UK and EU leaders reiterated their respective positions and showed no willingness to compromise.
Speaking at the Prime Minister’s Questions in Parliament, Johnson said, “A good deal is still there to be done” but the EU must soften its position on the issues of a “level playing field” and fishing rights.
German Chancellor Angela Merkel said “there is still the chance of an agreement” but stressed that the EU would not compromise on its core principles.
“If there are conditions from the British side which we cannot accept, we are prepared to go down a road, which is without an exit agreement,” she told the German parliament.
The UK officially left the EU in January but the trading arrangements—such as tariffs and quotas—have remained unchanged during the Brexit transition period, which will end on Dec. 31.
If no trade deal with the EU is reached by then, Britain will default to trading with the 27 EU countries under World Trade Organisation (WTO) rules.