Chief EU negotiator Michel Barnier is coming to London for talks with Britain to find out whether a deal on future relations can be struck to avoid widespread trade disruption at the end of the year. The UK and the European Union are trying to clinch a deal that would govern nearly a trillion dollars in annual trade before a transition period of informal membership ends on Dec. 31.
Both sides are now meeting daily to try to find common ground. The negotiations revolve around the smooth flow of cross-border trade as well as the harder-to-quantify damage that a chaotic exit would do to security information sharing and research and development cooperation.
Reuters.com reports that Barnier and his EU team will be in London until Wednesday, after which talks will switch to Brussels and continue through the weekend, an EU spokesperson said.