Boris Johnson said that the EU wants to keep the UK under its legal system and that the UK must prepare for an Australia-style deal.
Key points:
1. UK may fail to strike a trade deal with the EU, says Boris Johnson.
2. Talks between EU President and UK PM didn’t make a breakthrough.
3. EU wants to keep the UK locked under its legal system.
4. UK PM calls for an Australia-style trade settlement.
No post-Brexit trade deal with the EU laments Boris Johnson:
Boris Johnson says there may be a “robust possibility” the United Kingdom will fail to strike a post-Brexit exchange cope with the EU. Speaking for the primary time due to the fact a crunch assembly in Brussels, the PM stated “now could be the time” for the companies and those to put together for a no-deal outcome.
Talks between Ursula von der Leyen and Boris Johnson broke down:
Talks maintain among the two facets; however, Mr Johnson stated they were now no longer but there at all in securing a deal. Time is walking out to attain a settlement earlier than the United Kingdom stops following EU exchange regulations on 31 December. Weeks of extensive talks among officers have failed to triumph over barriers in key areas, inclusive of opposition regulations and fishing rights. Mr Johnson met European Commission President Ursula von der Leyen on Wednesday; however, the pair didn’t make a breakthrough.
UK says the EU wants to lock it under the legal system:
Mr Johnson pledged British negotiators, who in advance resumed talks with their EU opposite numbers in Brussels, could “cross the greater mile” to attain a deal. But he stated the EU desired to preserve the United Kingdom “locked” into its felony machine or face punishments along with taxes on imports, which had “made matters plenty extra difficult”.
Boris Johnson says Australia-style trade deal is possible:
The PM delivered that the EU’s proposals could mean, no matter leaving the bloc in advance this year, the United Kingdom could be compelled to stay a “twin” of the 27-nation organization. Mr Johnson stated that it became essential the United Kingdom prepares for the “Australian-fashion option” of now no longer having an unfastened exchange cope with the EU.
