October 16, 2020
2 mins read

UK Prepares For a No-Deal Brexit

British Prime Minister Boris Johnson said on Friday that as the European Union (EU) Summit in Brussels refused to offer London a Canada-style deal, Britain will prepare to embrace a no-trade deal scenario.

Johnson’s remarks came following the EU Summit discussions on Brexit on Thursday. EU’s chief Brexit negotiator Michel Barnier said he will continue intensive talks in the coming weeks and the EU hopes to reach a deal with Britain, but not at any price, Xinhua news agency reported.

Johnson said Britain wanted nothing more complicated than a Canada-style relationship. But to judge by the latest EU summit in Brussels, that won’t work for the EU because they want the continued ability to control Britain’s legislative freedom and fisheries.

“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 (2021) with arrangements that are more like Australia’s based on simple principles of global free trade,” the Prime Minister said.

The Australia-style arrangement is an euphemism for failure to reach a free trade agreement with the EU, which means the Britain-EU trade will fall back on World Trade Organization (WTO) rules in 2021.

He called on British businesses, hauliers and travelers to get ready since there are only 10 weeks until the end of the transition period due on December 31, 2020.

Boris Johnson (L) meets with European Commission President Ursula von der Leyen in London (Photo by Ray Tang/Xinhua/IANS)

Johnson said Britain is willing to discuss the practicalities with the EU where a lot of progress has already been made, on such issues as social security, aviation, nuclear cooperation and so on.

“But for whatever reason it is clear from the summit that after (more than) 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.

Johnson said Britain will prepare to embrace the Australia-style arrangement with complete confidence, adding that Britain will prosper mightily as an independent free trading nation, controlling its own borders, fisheries, and setting its own laws.

Prior to the EU Summit, Johnson held a telephone conversation with French President Emmanuel Macron. Both leaders had said an agreement needs to be struck in October to ensure there is enough time for ratification.

Meanwhile, Johnson and Macron also discussed the coronavirus crisis in their bilateral discussions as a sharp rise in COVID-19 infections was reported in their countries.

The discussion took place at a time when Britain, China, France, Russia and the United States are racing against time to develop coronavirus vaccines to check the spread of the virus in the world.

Britain and the EU started their lengthy and bumpy post-Brexit talks in March after Britain ended its EU membership on Jan. 31, trying to secure a future trade deal before the Brexit transition period expires at the end of the year.

Previous Story

Trump wants ‘honest election’ to leave peacefully

Next Story

Lord Rami launches ‘Zozter’ business card app

Latest from -Top News

Deadly Fever Grips Senegal

Currently, there is no vaccine or antiviral treatment approved for human use against RVF. Senegal is facing a growing public health emergency as the death toll from a Rift Valley Fever (RVF)

Protest Crackdown in Abidjan

The protest ban came just a day before the planned march, with the prefect of Abidjan declaring all gatherings illegal to “preserve public order” ahead of the polls. Authorities in Ivory Coast

Seychelles Chooses Herminie

Herminie’s win gives his United Seychelles party full control of government after it reclaimed a parliamentary majority during last month’s general elections. Seychelles’s opposition leader, Patrick Herminie, has emerged victorious in the

Fragile Peace Returns to Gaza

Carrying bags, blankets, and a few salvaged belongings, families walked through the dusty highway under the afternoon sun. Many pushed carts or led donkeys loaded with what was left of their possessions.

Egypt to Host Gaza Peace Talks

Cairo summit aims to end war and open a new chapter for regional stability. The summit will gather leaders and senior officials from more than 20 countries, including the United Kingdom, France,
Go toTop