Home » Boris Johnson: UK PM Johnson says time to prepare for ‘no deal’ Brexit | World News

Boris Johnson: UK PM Johnson says time to prepare for ‘no deal’ Brexit | World News

by newsking24

LONDON: British Prime Minister Boris Johnson on Friday issued a stark warning that the UK should now put together for the prospect of no post-Brexit free commerce settlement (FTA) with the European Union (EU).
In a press release from Downing Street, Johnson stated that he was making a judgment name on the UK-EU commerce negotiations because the January 1, 2021, deadline for the tip of the ongoing Brexit transition interval was now solely 10 weeks away and the essential European Council summit this week didn’t give you promising solutions.
“We always knew that there would be change on January 1 whatever type of relationship we had. And so now is the time for our businesses to get ready, and for hauliers to get ready, and for travellers to get ready,” stated Johnson.
“So with high hearts and complete confidence we will prepare to embrace the alternative. And we will prosper mightily as an independent free trading nation, controlling our own borders, our fisheries, and setting our own laws,” he stated.
The UK had voted to depart the 27-member European financial buying and selling bloc in a referendum in June 2016 and formally left in January this 12 months, coming into right into a transition interval with unchanged guidelines till the tip of this 12 months.
Both sides have been holding talks to thrash out an FTA akin to the EU’s commerce ties with Canada. However, Johnson’s dramatic announcement on Friday notes that the probably end result is now a relationship just like EU-Australia ties, primarily based on world buying and selling norms.
“From the outset we have been completely clear that we needed nothing extra sophisticated than a Canada-style relationship, primarily based on friendship and free commerce. To choose by the most recent EU summit in Brussels that will not work for our EU companions. “They want the continued ability to control our legislative freedom, our fisheries, in a way that is obviously unacceptable to an independent country,” said the UK PM, referring to one of the key stumbling blocks to a new deal being the division of waters for fishing rights with neighbouring coastal EU countries.
Instead, he indicated the prospect of smaller, sector-specific agreements remains on the table.
“And of course we are willing to discuss the practicalities with our friends where a lot of progress has already been made, by the way, on such issues as social security, and aviation, nuclear cooperation and so on. But for whatever reason it is clear from the summit that after 45 years of membership they are not willing – unless there is some fundamental change of approach – to offer this country the same terms as Canada,” he said.
In a harsh rebuke of the EU, he added: “And given that they have refused to negotiate seriously for much of the last few months, and given that this summit appears explicitly to rule out a Canada-style deal, I have concluded that we should get ready for January 1 with arrangements that are more like Australia’s based on simple principles of global free trade.”
Ursula von der Leyen, the President of the EU Commission, said she would continue to work for a deal – “however not at any worth”.
“As deliberate, our negotiation workforce will go to London subsequent week to accentuate these negotiations,” she said.
Both sides have been calling on each other to compromise on key issues, including fishing and limits on government subsidies to businesses. In a document issued during the summit in Brussels this week, the EU said progress in key areas was currently “not ample” to reach a deal and asked EU’s Chief Brexit Negotiator, Michel Barnier, to “proceed negotiations within the coming weeks”.
Johnson had set a mid-October deadline for a breakthrough within the talks and his intervention is seen as a part of the strain ways.
Businesses on either side have been warning in opposition to a no-deal Brexit, which might severely impression their capability to proceed to operate in a clean method after 45 years of shut UK-EU alignment.
Unless there’s a last-minute deal, the UK will commerce with the EU in accordance with the default guidelines set by the World Trade Organisation (WTO) from January 1 subsequent 12 months.

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