Brexit: Latest round of UK-EU talks come to an end

BBC News reports that the UK and EU are to give updates on efforts to agree a post-Brexit deal following the latest round of talks.

While both sides have previously said a deal is possible, differences remain on issues including fishing rights and post-Brexit competition.

BBC Europe editor Katya Adler says a breakthrough is not expected this week.

The EU has said it would like to agree a deal by October so it can be approved by the European Parliament before the post-Brexit transition period expires.

The transition period ends on 31 December and, if a deal has not been secured by then, the UK would have to trade with the EU on WTO (World Trade Organization) terms. This means most UK goods would be subject to tariffs until a free trade deal was ready to be brought in.

The UK has said it will not extend talks if an agreement cannot be reached by the December deadline.

You can read the article here: Brexit: Latest round of UK-EU talks come to an end

Source: BBC News