14 October 2019 - 23:19Britain's Queen Elizabeth reads the Queen's Speech during the opening of parliament in the Houses of Parliament in London, the UK, October 14 2019. Picture: TOLGA AKMEN/AFP
Johnson says he wants to strike an exit deal at an EU summit on Thursday and Friday to allow an orderly departure on October 31. If an agreement is not possible, he says he will lead the UK out of the bloc it joined in 1973 without a deal — even after parliament has passed a law saying he cannot do so.But EU president Finland said more time was needed and that negotiations could continue after the EU summit.
As EU ministers met in Luxembourg ahead of the leaders’ summit, Johnson’s planned legislative agenda was read out by Queen Elizabeth at the state opening of parliament. The pound fell more than 1% to a session low of $1.2517. Against the euro, the British currency weakened by a similar margin to 88.11p.
But the EU is worried it would be impossible to ensure goods entering Northern Ireland do not end up in the bloc and is concerned about the complexity of a system for charging tariffs on goods moved between Britain and Northern Ireland. That would be a step too far for Johnson’s Northern Irish allies, the Democratic Unionist Party, and many Brexit supporters in his party.
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