British Prime Minister Boris Johnson returns to Downing Street.
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LONDON – The Prime Minister of the United Kingdom Boris Johnson said on Friday that he would strive for Brexit without a deal, unless there is a fundamental change in the approach of the European Union.
“Unless there is a fundamental change in approach, we will move on to the Australian decision and we must do so with great confidence,”
Sterling sank to its lowest session against the dollar in its comments, trading at $ 1.2870 after moving close to $ 1.2961.
His comments come after EU leaders said Thursday they want talks to continue in the coming weeks. The EU believes there is still little time to try to bridge the gap between the two countries.
But the language used in the EU statement upset officials in London after Brussels called on the United Kingdom “to take the necessary steps to make the agreement possible”.
Brexit chief negotiator David Frost said he was “surprised by (the proposal) that in order to reach an agreement, all future moves must come from the United Kingdom”
Trade talks between the UK and the EU have stalled for months on issues such as fisheries, competition rules and governance. However, Michel Barnier, the EU’s chief negotiator, said on Thursday that he hoped these differences would be overcome in the next few weeks.
“We are available, we will remain available until the last possible day,” Barnier told a news conference.
“We want to give all chances for the success of these negotiations,” he added, explaining that his team is ready to return to London on Monday for further talks.
The United Kingdom ceased to be a member of the European Union in January, but agreed to continue to comply with all EU rules until the end of 2020, so that both countries have time to draw up new trade agreements.
This means that they have to conclude trade negotiations by the end of the year.
However, Johnson’s comments on Friday suggest that from January onwards, both countries may trade under World Trade Organization (WTO) rules, which could mean additional barriers and higher costs for trading across the English Channel.
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