Log inLog Out
For YouPoliticsEntertainmentSportsRelationshipLifestyleBusinessTechnology
EU's Barnier delivers stark warning on future UK trade deal

Abiriga John Angwe

Sept. 18, 2019

Speaking to MEPs in the European Parliament, Barnier regretted that Johnson's new government had expressed its intention to "reverse the commitments" on trade made by his predecessor Theresa May.
These pledges were part of a non-binding "political declaration" on the future relationship between the EU and UK. It stands beside a highly contentious, binding withdrawal deal which has failed to win approval in British parliament.
In addition to rejecting the divorce terms, Johnson's negotiators have asked that Britain be allowed to widely diverge from EU rules after Brexit, all while securing a highly ambitious trade deal with Europe.
European Parliament's Brexit coordinator, MEP and former Belgian prime minister Guy Verhofstadt, dismissed that stance.
"We are not stupid and we will not kill our own companies. We will defend our own economy and we’ll never accept Singapore by the North Sea," he said to cheers and boos from MEPs.
No deal 'not a destination'
The EU has flatly rejected Britain's requests, the official said.
Barnier publicly poured cold water on that British position, insisting that a comprehensive trade accord could only come by closely abiding by EU rules.
"The level of ambition of a future free trade agreement that we will have to negotiate... will clearly depend on the guarantees that we have agreed in the social, environmental, competition or state aid fields," Barnier said in Strasbourg.
"This economic relationship must obviously be accompanied by guarantees of a level playing field," he added, referring to a commitment by trading partners to abide by the same norms.
The brinkmanship comes as London and Brussels are struggling to agree changes to the withdrawal deal, with Britain on course to leave the EU on October 31.
"If the United Kingdom comes out without an agreement, I want to remind you that all these issues do not disappear," Barnier said.
"No deal is not a destination, it is a temporary step -- building a partnership must then be discussed again," he added.
0
Comments
Sign in to post a message
You're the first to comment.
Say something
Recommend
Log in