It remains uncertain whether negotiators from the European Union and the United Kingdom will be able to reach an agreement that will be the basis of the trade agreement. There is less and less time, because the contract must be concluded by the end of this year.

British Prime Minister Boris Johnson warned Thursday that there was a “high probability” of not reaching an agreement. He called on both companies and citizens to properly prepare for exit from the post-Brexit transition period, because changes will take place anyway, it will inform the People’s Parliament.

He stressed that he would strive to reach an agreement in the future and that he was ready to go to Paris or Berlin, but in his view the European Union had not shown sufficient flexibility – unlike Great Britain.

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Britain was incredibly flexible. “We tried very hard to make progress on various things,” Johnson said in his first public comment after a conversation Wednesday in Brussels with the President of the European Commission, Ursula von der Leyen.

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Fisheries and the so-called equal opportunity, i.e. the European Union demands the UK to adapt to future EU regulations on issues such as labor rights, environmental protection and consumer rights

The principal negotiators from both sides, David Frost and Michel Barnier, are due to meet again on Tuesday. The “no-deal” scenario can still be avoided, although the talks are likely to continue until the last minute.

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