The UK is ready to leave the EU’s single market and customs union without a new free trade agreement. Prime Minister Boris Johnson stated this, reports Bloomberg.
According to him, the country may take such a step at the end of the year since the EU has refused to “conduct serious negotiations” in recent months. Johnson considered that reaching a trade deal is currently unlikely. Simultaneously, the Prime Minister said that he is always ready to hear proposals from the European Union if its leaders return with a “fundamental change in approach.”
The United Kingdom’s Foreign Minister, Dominic Raab, said it was wrong to force the UK to compromise alone for the sake of a deal. He added that the parties are close to an agreement. They have to agree on fishing and “equal playing conditions.”
Bloomberg notes that, despite such a statement by the head of government, negotiations between London and Brussels will continue next week.
On October 1, it was reported that the European Union launched a trial process due to the Kingdom’s violation of “Brexit” rules.
In September, Johnson called October 15, the deadline for reaching an agreement. According to him, it is pointless to continue negotiations without adequate progress.
The UK officially left the European Union on February 1. Until the end of 2020, the parties agreed on a transition period during which most of the EU laws will continue to apply. However, in July, the parties prematurely stopped regular negotiations, as they could not agree on some issues.