The United Kingdom could walk away from talks with the European Union (EU) within weeks, British Prime Minister Boris Johnson has said ahead of a post-Brexit trade talks. Insisting that a no-deal exit would be a ‘good outcome’ for his country, Johnson said an agreement would only be possible if EU negotiators are prepared to ‘rethink their current positions’.
British chief negotiator David Frost and his EU counterpart Michel Barnier are scheduled to meet in London beginning September 10 for the eighth round of negotiations. The key sticking points are European boats’ access to UK fishing waters and state aid to industries.The United Kingdom could walk away from talks with the European Union (EU) within weeks,British Prime Minister Boris Johnson has said ahead of a post-Brexit trade talks. Insisting that a no-deal exit would be a 'good outcome' for his country, Johnson said an agreement would only be possible if EU negotiators are prepared to 'rethink their current positions'.#
Johnson said the country would ‘prosper mightily’ even if the United Kingdom had ‘a trading arrangement with the EU like Australia’s’, according to global newswires.
While the United Kingdom accuses the bloc of making demands that it has not imposed on other countries it has free trade deals with, such as Canada, the EU is blaming the former of failing to seriously negotiate.
Barnier said last week he was ‘worried and disappointed’ by the lack of progress and said the United Kingdom had not ‘engaged constructively’.
Britain left the European bloc on January 31, three-and-a-half years after the country narrowly voted to end more than four decades of membership. That political departure will be followed by an economic break when an 11-month transition period ends on December 31 and the United Kingdom leaves the EU’s single market and customs union.
January 1 will bring tariffs and other economic barriers between the United Kingdom and the bloc, its biggest trading partner. without a deal.
The EU says a deal has to be struck before November to allow time for parliamentary approval and legal vetting before the transition period expires. Johnson gave an even shorter deadline, saying an agreement needed to be sealed by an EU summit scheduled for October 15.
French foreign minister Jean-Yves Le Drian recently said talks were ‘not going well’ and dismissed British attempts to drive a wedge between EU nations on issues like fishing.
Fibre2Fashion News Desk (DS)
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