PUBLISHED: 08:20, Thu, Nov 5, 2020 | UPDATED: 08:22, Thu, Nov 5, 2020
The two negotiating teams have concluded two weeks of talks after Boris Johnson last month threatened to pull the plug on a trade deal with Brussels as he ran out of patience over the bloc’s refusal to compromise on issues such as fisheries, level-playing field and governance. Trade meetings culminated in Brussels on Wednesday, with the UK team led by Mr Frost returning to London to prepare for further talks in the capital this weekend. But with less than two weeks to strike a Free Trade Agreement before the mid-November deadline, no breakthrough has been made, leading to suggestions from both negotiators the UK and EU could be heading for a no deal outcome with the transition period ending on December 31.
Following the conclusion of the latest round of talks on Wednesday, Lord Frost tweeted: "We've just finished two weeks of intensive talks with the EU.
"Progress made, but I agree with @MichelBarnier that wide divergences remain on some core issues.
"We continue to work to find solutions that fully respect UK sovereignty."
The EU's chief Brexit negotiator Mr Barnier had said "very serious divergences" remained in trade talks with Britain, suggesting the bloc would now be prepared to accept a no deal outcome rather than yield on its key demands.
Brexit news: Trade talks between the UK and EU have failed to make a breakthrough (Image: GETTY)
Brexit news: David Frost agreed with Michel Barnier that 'wide divergences remain on some core issues' (Image: @DavidGHFrost)
He tweeted: "Despite EU efforts to find solutions, very serious divergences remain in level playing field, governance & fisheries.
"These are essential conditions for any economic partnership.
"The EU is prepared for all scenarios."
During a private briefing with EU ambassadors and the European Parliament in Brussels, Mr Barnier did not provide a timeline or even any certainty that a trade deal with the UK would be agreed by the mid-November deadline.
READ MORE: Brexit LIVE: Johnson could simply walk away from trade talks today
Brexit news: Michael Barnier said 'very serious divergences remain' (Image: @MichelBarnier / Twitter)