The Prime Minister of the United Kingdom Boris Johnson returns to Downing Street.
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LONDON – British Prime Minister Boris Johnson said on Friday that he would seek Brexit without an agreement unless there is a fundamental change in the European Union̵7;s approach.
“Unless there is a fundamental change in approach, we will move towards an Australian solution, and we must do so with great confidence,” Johnson told Reuters after the negotiators failed to agree on an agreement for his self-assessment. the deadline is October 15.
Sterling fell to a session low against the dollar according to his comments, trading at $ 1.2870 after fluctuating around $ 1.2961.
His comments came after EU leaders said Thursday they wanted to continue talks in the coming weeks. The EU believes that there is still some time to try to overcome the differences between the two sides.
But the language used in the EU statement upset officials in London after Brussels called on Britain to “take the necessary steps to make the deal possible”.
Britain’s chief Brexit negotiator, David Frost, said he was “surprised by the suggestion that all future steps must come from Britain”
Trade talks between the UK and the EU have stalled for several months on issues such as fisheries, competition rules and governance. However, EU chief negotiator Michel Barnier said on Thursday that he hoped the differences could be resolved 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 these talks every chance of success,” he added, explaining that his team is ready to return to London on Monday for further talks.
The UK 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 parties have time to conclude new trade agreements.
This means that they must complete trade negotiations by the end of the year.
However, Johnson’s comments on Friday suggest that starting in January, both sides could trade under World Trade Organization (WTO) rules, which could mean additional barriers and higher costs for trade across the English Channel.
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