Trade between the UK and the EU is likely to continue from January under the general rules of the World Trade Organization. This, in turn, would put customs duties back on track.

The UK should prepare for its trade with the EU to continue from January, after the end of the current transition period, under Australian-type conditionality, Boris Johnson told BBC television on Sunday night.

According to the British Prime Minister, there is still a long way to go on some key issues in the negotiations on the terms of the future relationship between the United Kingdom and the European Union,

but discussions continue to find out “what else could be done” to reach an agreement.

The “Australian-type” terms of trade, which the British government has regularly mentioned as options, would in fact mean that trade between the UK and the EU would continue under the general rules of the World Trade Organization (WTO) from January , with tariffs. On circulation.

Before the statement to the BBC, Johnson had a telephone conversation with Ursula von der Leyen, president of the European Commission, followed by a joint statement. According to this, the two leaders consider that it is a responsible solution if they take the necessary measures to reach an agreement. Johnson and von der Leyen instructed the two negotiating delegations to continue the negotiations and try to plan whether an agreement could be reached even at this late stage.

However, Boris Johnson said in an interview with the BBC on Sunday that the UK had “made great preparations” in recent years should its trade with the EU continue under WTO rules.

At Sunday’s meeting, the minister reiterated his offer that if the agreement requires it, he will be very happy to visit the capitals of some EU member states. Johnson raises this possibility for the second time in a short time. Earlier, in a press release on the progress of the talks on Thursday, he said he was willing to travel to Brussels, Paris, Berlin “and anywhere” in person to reach an agreement. However, according to constant reports in the British press, the EU rejected this proposal, arguing that the future bilateral system could only be negotiated with the European Commission and not with individual member states.

The London branch of the Eurasia Group, one of the world’s largest political-economic risk analysis groups, said in a rapid assessment announced Sunday night that it estimates the UK government and EU talks will come. to a deal instead of 55%, based on recent events.



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The Brexit deal is yet to be lost



hvg.hu/MTI
Economy

All is not yet lost, at least according to the British Prime Minister and the President of the European Commission. They give another chance to negotiate.

Orbán would even veto the Brexit deal



hvg.hu
Economy

The Hungarian prime minister does not consider an agreement acceptable that penalizes the British for leaving.