THE EU will double down on it’s no-deal Brexit preparation as hopes of a trade deal dwindle.
In order to have a UK-EU trade deal fully ratified and in place by the end of the transition period on December 31, an agreement will need to be reached in the coming days.
But a couple of key sticking points remain – especially around fishing rights – meaning no deal is likely to be done unless one side decides to budge.
It comes as the UK is to strike a lucrative trade deal with Canada “within days”.
Downing Street said talks with Canada on securing a trade deal are at an “advanced stage” and “progressing well”.
The Prime Minister’s official spokesman said: “We are committed to securing a continuity trade deal with Canada before the end of the transition period.
“Talks are at an advanced stage and are progressing well.”
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