According to Reuters London/Brussels, British Prime Minister Johnson and European Commission President von der Leyen instructed negotiators of the two countries to resume trade negotiations on the 5th local time, which is the last effort to bridge major differences.
According to the report, after deadlock, the two sides decided to restart protracted negotiations on the three most difficult issues on the 4th, indicating that both sides still believe that there is still some hope for them to reach an agreement that dominates nearly $1 trillion in trade a year. However, it is not clear whether the two camps are ready to change their positions.
In a joint statement, the two leaders reportedly said that although there are serious differences between the two sides, “we agree that our negotiating team should make further efforts to assess whether these problems can be resolved”.
After more than an hour of speech on the 5th, they said: “If these problems are not resolved, no agreement is feasible.”
