“We want an agreement: from the Irish point of view in particular it is extremely important,” Merkel said during a discussion on Germany’s presidency of the EU at the 27-member bloc’s Committee of the Regions on Tuesday.

"We won’t let Ireland down, but will continue to stick together in these exit negotiations."

The chancellor pointed out that any Brexit deal reached has to be beneficial for both Britain and the EU. However, with “such a short space of time” left to find common ground, “we must also be prepared in the event that no agreement is reached,” she said.

Britain is set to leave the European Single Market and European Union Customs Union on January 1, 2021.

Following Brexit, the border between the Republic of Ireland and Northern Ireland is set to become the EU’s only land border with the UK. Both Ireland and the EU want to avoid a hard border with the UK, arguing that it would disrupt travel and trade, while also dealing a blow to decades of peace efforts between the neighboring nations.