Britain’s Prime Minister Boris Johnson leaves number 10 Downing Street.
Leon Neal | Getty Images News | Getty Images
EU and U.K. officials are about to start what’s meant to be the final round of Brexit trade negotiations before a self-imposed deadline of Oct. 15.
Talks have been stalled over competition rules and fishing quotas for months now, but British officials have signaled there may have been some “positive” developments in the last few days.
“The question is really whether or not they can come up with some agreement on (a) level playing field,” Kallum Pickering, a chief U.K. economist at Berenberg, told CNBC’s “Squawk Box Europe.”
“I don’t think a deal is going to be lost on fisheries,” he added.
“What you need is some political intervention, some kind of compromise in order to push things through,” Pickering told CNBC.
France’s Europe Affairs Minister Clement Beaune said over the weekend the chances of a trade deal stand “slightly” above 50%.