British Prime Minister Boris Johnson and US President Donald Trump have agreed to conclude a bilateral trade deal by July 2020, US News reported, citing a senior representative of the British government.
Earlier, British Foreign Minister Dominic Raab said that the UK intends to work with the US to conclude a free trade deal after “Brexit.” Trump, in turn, said that the US and the UK are rapidly moving towards a trade deal.
It is reported that Trump and Johnson can announce this decision during a meeting on the sidelines of the UN General Assembly.
“Now both sides have the political will to agree by July. This is a big win for us; Trump is also willing to shout it in the US. On both sides of the Atlantic understand that it must be done before that time (until July), because soon after the election cycle begins in the United States,” – said the source.
Now, the situation around “Brexit” has reached an impasse: the UK must leave the EU before October 31; the country’s Parliament opposes the agreement with the EU in its current form, but is categorically opposed to “Brexit” without an agreement. The EU refuses to resume negotiations and renegotiate the agreement. The so-called “backstop” – the main problem of the agreement between Britain and the EU. Under the current document, the “backstop” will come into force in the absence of alternative arrangements after December 2022 and will provide for the preservation of some EU rules for Northern Ireland. This, in turn, may entail customs checks at the border between Northern Ireland and the rest of the United Kingdom, which, according to the British authorities, threatens the territorial unity of the country.