AVN 60.29 Increased By ▲ 0.14 (0.23%)
BOP 10.16 Increased By ▲ 0.05 (0.49%)
CHCC 129.15 Decreased By ▼ -0.91 (-0.7%)
DCL 9.35 Decreased By ▼ -0.21 (-2.2%)
DGKC 105.67 Increased By ▲ 0.13 (0.12%)
EFERT 68.20 Increased By ▲ 0.50 (0.74%)
EPCL 30.52 Decreased By ▼ -0.13 (-0.42%)
FCCL 21.28 Decreased By ▼ -0.04 (-0.19%)
FFL 13.14 Decreased By ▼ -0.15 (-1.13%)
HASCOL 15.83 Increased By ▲ 1.46 (10.16%)
HBL 128.00 Increased By ▲ 2.65 (2.11%)
HUBC 86.74 Increased By ▲ 6.59 (8.22%)
HUMNL 9.37 Increased By ▲ 0.57 (6.48%)
JSCL 16.98 Decreased By ▼ -0.22 (-1.28%)
KAPCO 27.78 Increased By ▲ 2.38 (9.37%)
KEL 3.85 Increased By ▲ 0.09 (2.39%)
LOTCHEM 12.90 Decreased By ▼ -0.05 (-0.39%)
MLCF 35.62 Increased By ▲ 0.17 (0.48%)
OGDC 114.71 Increased By ▲ 2.06 (1.83%)
PAEL 35.15 Increased By ▲ 0.50 (1.44%)
PIBTL 12.15 Increased By ▲ 0.26 (2.19%)
PIOC 87.90 Increased By ▲ 0.79 (0.91%)
POWER 8.90 Decreased By ▼ -0.46 (-4.91%)
PPL 101.76 Increased By ▲ 2.26 (2.27%)
PSO 187.60 Increased By ▲ 4.90 (2.68%)
SNGP 57.10 Increased By ▲ 2.10 (3.82%)
STPL 11.82 Decreased By ▼ -0.08 (-0.67%)
TRG 49.02 Decreased By ▼ -1.28 (-2.54%)
UNITY 13.24 Decreased By ▼ -0.21 (-1.56%)
WTL 1.32 Decreased By ▼ -0.04 (-2.94%)
BR100 4,230 Increased By ▲ 84 (2.02%)
BR30 21,819 Increased By ▲ 626 (2.96%)
KSE100 40,559 Increased By ▲ 644 (1.61%)
KSE30 17,607 Increased By ▲ 345 (2%)
COVID-19 TOTAL DAILY
CASES 285,191 531
DEATHS 6,112 15
Sindh 124,127 Cases
Punjab 94,586 Cases
Balochistan 11,921 Cases
Islamabad 15,281 Cases
KP 34,755 Cases

BRUSSELS: A round of intensified Brexit talks ended on Thursday with both sides warning of remaining big differences but they committed to continue negotiations next week in London.

The meetings in Brussels were the first held face-to-face since the coronavirus shutdown, with hopes high that progress would be made.

"Our goal was to get negotiations successfully and quickly on a trajectory to reach an agreement," Barnier said in a statement.

"However, after four days of discussions, serious divergences remain," he added.

More hopefully, the former French minister added: "We continue to believe that an agreement is possible and in everyone's interest."

Britain's chief negotiator David Frost closely mirrored Barnier's statement, warning that "significant differences" remain with the European Union.

But Frost added: "We remain committed to working hard to find an early understanding on the principles underlying an agreement."

The talks this week and next are being held in a more limited format than earlier rounds in hopes that a more personal encounter can deliver a breakthrough.

Signaling a willingness to not disrupt the talks, Barnier and Frost coordinated the release of their statements and no meetings with the press were planned by either side.

Britain left the EU on January 30 and a post-Brexit transition period during which it still benefits from de facto EU membership comes to an end on December 31.

Without a new agreement, the two sides would see ties reduced to minimum standards set by the World Trade Organization with high tariffs, quotas and serious disruptions to business.

London is pushing hard to agree on the broad outlines of the trade deal this summer to give businesses clarity well before the end of the year.

The EU is less pressed for time and believes that necessary ratification by the European Parliament and other member states would require a deal to be done by late October.