Britain likely to opt for no-deal Brexit: The Telegraph

According to a report from The Telegraph, Britain and the European Union are unlikely to sign a post-Brexit trade deal, with only a few days left before British Prime Minister Boris Johnson’s July deadline.

The assumption of the UK’s government is of a no-deal exit, although there is a possibility that a “basic” agreement could be reached if the EU gives ground in the autumn, said the report citing government sources.

In case of a cliff hanger Brexit, trade between the two will fall back on World Trade Organisation rules after the transition period.

Negotiators are deadlocked on fishing rights, the role played by the EU’s highest court, the European Court of Justice, the deal’s governance, and the so-called level playing field guarantees, said the report.



Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: