UK Prime Minister Boris Johnson doesn’t particularly wish the Brexit transition period to end without a new trade deal, but believes the UK could live with such an outcome, he said on Sunday.
With the imminent end of the transition period on December 31, Johnson and the head of the EU executive, Ursula von der Leyen, agreed in a phone call on Saturday to intensify negotiations on an agreement after Brexit.
“I think it has to be done,” Johnson said during an interview on BBC television.
“Unfortunately, there are some difficult issues that need to be addressed and there is no question that the EU needs to understand that we are extremely serious about controlling our own laws and regulations, and that they must understand that they are The repatriation of British fisheries … is very important. “
When asked if he was concerned about the potential impact of a no-deal situation in the midst of the COVID pandemic, Johnson said, “I don’t particularly want the Australian WTO outcome, but we can more than live with it.”
“I think the people of this country are fed up with being told that this is going to be impossible or unbearable. I think we can do mightily under these circumstances.”
The government told importers and exporters last week that they would have additional paperwork to attend to, whether there was a deal or not, and that a lack of preparation on their part could result in 100km queues of trucks.
This sparked allegations by the opposition that ministers were creating the industry to blame the chaos that could follow a botched Brexit.
The EU says any agreement must be sealed by the end of October or the first few days of November at the latest so that the bloc has enough time to ratify before the end of the year.
Further trade talks are planned for next week in London and the following week in Brussels before the 27 national EU leaders meet on October 15-16 to assess progress. London has also said it wants clarity by October 15 on whether or not a deal is possible.
An estimated trillion euros ($ 1.17 trillion) of annual trades are at stake if an agreement is not reached.
(Except for the headline, this story was not edited by GossipMantri staff and published from a syndicated feed.)