Voice of America
18 Oct 2020, 23:35 GMT+10
The UK had imposed a deadline of last week's EU summit for a deal and Prime Minister Boris Johnson said he was now ready to walk away and prepare for a no-deal exit, after five decades of EU membership.
However, senior minister Michael Gove said on Sunday he was still hopeful there would be an agreement, telling TV interviews the door remained "ajar" if the EU would change its position.
The two sides disagree on the rules for fair competition, how these rules will be policed and how much access EU fishing fleets will get to UK waters.
Britain wants to reassert sovereignty over its waters and have no EU legal oversight over the deal - insisting it wants a simple trade deal of the kind the EU signed with Canada.
But the EU says Britain's situation is completely different to that of Canada.
"I want a deal, I'm keen to conclude one but it takes both sides to compromise in order for there to be one. The EU is not doing so at the moment," Gove told Sky News, adding that the EU did not seem serious in their desire to reach a deal.
Chief European negotiator Michel Barnier and his British counterpart David Frost are due to discuss the structure of talks on Monday, according to the European Commission.
"The ball is in his court," Gove said of Barnier.
Failure to strike a deal would see Britain and Europe revert to World Trade Organization terms, with higher tariffs and quotas, potentially devastating for economies already weakened by the pandemic.
Get a daily dose of International Travel News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.
More InformationBATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
New Delhi [India], July 13 (ANI): Madhya Pradesh Chief Minister Mohan Yadav said on Sunday that he would pitch his state to foreign...
Bhopal (Madhya Pradesh) [India], July 13 (ANI): Madhya Pradesh Chief Minister Mohan Yadav is scheduled to go on an official visit to...
Bhopal (Madhya Pradesh) [India], July 13 (ANI): In association with the Embassy of Nepal in India, PHDCCI India-Nepal Centre organised...
Pune (Maharashtra) [India], July 13 (ANI): Maharashtra Deputy Chief Minister Devendra Fadnavis has praised Pune MP and Union Minister...
Rajouri, (Jammu and Kashmir) [India], July 13 (ANI): Construction work on the Megha Budhal-Mahore-Gool Road in Jammu and Kashmir's...