Mon 07 September 2020:
If no free-trade deal between the European Union and UK can be reached by October 15, both sides should “accept that and move on,” UK Prime Minister Boris Johnson will say on Monday.
It comes after UK chief negotiator David Frost said the UK is not “scared” of walking away.
The prime minister is due to say that time is running out to find a solution before 31 December, when the UK’s transition period ends. Although the UK left the EU on 31 January, it continues to follow some EU rules while the trade agreement is being negotiated.
Another round of talks – the eighth – is due to begin on Tuesday.
On the eve of the negotiations, the UK is planning new legislation that will override key parts of the Brexit withdrawal agreement made last year.
The new bill would eliminate the legal force of arrangements over customs in Northern Ireland which had been designed to avoid a hard border with the Irish Republic.
It would also override provisions on state aid – the financial assistance sometimes given by the government to companies.
Government sources told the BBC that the legislation would be introduced this week, describing it as a “sensible fall-back option” in case negotiations break down.
They said it was “not intended to derail the talks”, but a key EU diplomat told the BBC it was “a self-defeating strategy” that could lead to the trade talks unravelling altogether.
The EU’s chief negotiator, Michael Barnier, has previously suggested the end of October is a “strict deadline” to finalise an agreement for next year.
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