Sunday, 18 Oct 2020 09:03 AM MYT
LONDON, Oct 18 — Michael Gove, the minister handling Brexit divorce issues for Britain, said today that the UK is “increasingly well-prepared” for a no-deal Brexit.“But if the choice is between arrangements that tie our hands indefinitely, or where we can shape our own future, then that's no choice at all. And leaving on Australian terms is an outcome for which we are increasingly well-prepared.
A so-called “Australia deal” means that the United Kingdom would trade on World Trade Organisation terms: As a country without an EU trade agreement, like Australia, tariffs would be imposed under WTO rules, likely causing significant price rises.
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