The European Union chief negotiator Michel Barnier elevate the hope of Brexit talks failing to reach a success, saying the United Kingdom has two weeks to present itself with a better plan on the financial agreement.
Mr Barnier called for “genuine and profound progress” on the three divorce issues, which include the separation bill, the rights of EU citizens and the Irish border, which has emitted back onto the agenda this week.
“I have to present a sincere and real picture on those three subjects to the European Council and the European Parliament.
If that is not the case, then we will carry on, and that will put back the opening of dialogue on the future,” Mr Barnier said at a news conference in Brusselwith Brexit secretary David Davis.
Minor development had been expected in this sixth round of talks, as the focus has been on whether a breakthrough will be possible by December.
Earlier Today, Poland’s European affairs minister, who met Mr Davis in Warsaw this week, elevate the hope that talks wouldn’t move on to trade until March.
This would restrict the available time to hash out a trade deal almost impossibly, and make the transition deal that UK companies are crying out for of limited use.
Britain is due to leave the EU in March 2019, with a deal or without a deal.
The issue of the Irish border, which had taken a set back in recent months as the UK said it would be easier to sort further down the line.
Davis said they have had “candid” conversation on the border will become the UK’s only land border with the EU.
The European Union paper called for Northern Ireland to maintain the rules of the customs union and single market after Brexit to avoid a strong border between Northern Ireland and the Republic.
The EU’s demands on Ireland in the memo are not possible for Britain, unless the entire UK stays in the customs union, which Prime Minister Theresa May has ruled out.
With Theresa May’s stable government being hold up by the Democratic Unionist Party from Northern Ireland, the ruling coalition would separate before the DUP accepted such a border.
MR Davis declare that the UK would reject any such solution.
Britain has about two weeks to make better its offer on the bill so that trade talks can get the green light at summit in December.
With the EU requesting for about 60 billion euros ($70 billion) and the U.K. so far offering about a third of that, the U.K. side will need to make adjustments.