Brexit: Portugal is reviewing ‘contingency plan’ on EU without UK – News



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However, he said, echoing the speech of the president of the European Commission, “we must respect the exit agreement.”

The president of the European Commission, Ursula von der Leyen, has defended today that “new beginnings with old friends” are necessary, referring to the current relations with London.

In the context of the current tension around the realization of Brexit, in the face of London’s threat to disrespect the Withdrawal Agreement signed with the EU, the president of the EU executive urged the Government of Boris Johnson not to disrespect the commitment and quoted former Prime Minister Margaret Thatcher.

“I quote: ‘the UK does not violate the Treaties. It would be bad for the UK, it would be bad for relations with the rest of the world and it would be bad for any future trade deal. ‘ End of quote, “von der Leyen said, adding that” it was true then and it is true today “because” trust is the foundation of any strong partnership.

The transition phase that was negotiated after the United Kingdom formally left the EU on January 31 this year, and which maintained the country’s access to the single European market and the customs union, ends on December 31.

If the EU and the UK cannot reach an agreement in time, only the rules of the World Trade Organization (WTO), including customs duties, will apply from January 2021 to trade relations between London and the 27th.

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