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- British Prime Minister Boris Johnson calls for an early outcome shortly before the next round of Brexit talks.
- According to Johnson, a trade agreement must be reached by October 15.
- Otherwise, both parties would have to agree that they will go their separate ways.
- Johnson will deliver a speech today, excerpts of which his office has released in advance.
Without a deal, London would be based on a deal with the EU based on the Australian model, Johnson said according to the text. For the EU, that would be synonymous with an unregulated Brexit.
So far, the EU only has a framework agreement with the fifth continent, which, among other things, affects technical obstacles. In general, trade between Europe and Australia is conducted on the basis of the World Trade Organization (WTO). Applied to Britain, that would be the dreaded no-deal.
Britain’s top negotiator, David Frost, was even sharper in tone Sunday: He fully agreed with Johnson that Britain had nothing to fear from a no-deal Brexit, he told the Mail on Sunday. “I don’t think we’re scared of that in any way,” Frost said in an interview.
I don’t think we are afraid of a no deal in any way.
Hard break not excluded
EU negotiator Michel Barnier is expected to be in London on Tuesday. Britain left the EU at the end of January. In a transitional phase until the end of the year, the country will continue to be part of the EU internal market and customs union, so almost nothing has changed in everyday life. If no contract on future relationships is successful, there could be a sharp economic break with tariffs and other trade barriers in early 2021.
