EU urges UK to go for trade deal, but says 'fine' if not

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The EU wants a uniquely close post-Brexit relationship with the UK, but is 'fine' if London opts to walk away without one, European Commission ...

European Commission President Ursula von der Leyen said Britain could have a uniquely privileged trading relationship with Europe, or not, if it doesn't want to align with EU rules. STRASBOURG, France: The EU wants a uniquely close post-Brexit relationship with the UK, but is"fine" if London opts to walk away without one, European Commission chief Ursula von der Leyen said Tuesday.

Speaking to the European Parliament, von der Leyen responded to Britain's moves bracing for a possible no-deal on trade by saying:"If this is the British choice, well, we are fine with that without any question." At the same time, the EU's chief negotiator Michel Barnier warned that Britain's big financial sector would lose its automatic right to operate in EU countries, and checks would be carried out on British goods.

But since then, Johnson has dialled back on that scope and his government has signalled it is willing to accept trade friction as the cost of exercising sovereignty.A senior British minister, Michael Gove, on Monday said EU imports would from next year face the same checks as those from the rest of the world.

 

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