The European Union has warned Britain that even the most minor breach of the Brexit withdrawal treaty would undermine what little trust is left between the two sides in already fragile trade talks.
The warnings came as the UK government published legislation that it admits breaks international law by overriding parts of the legally binding withdrawal agreement that both Britain and the EU signed up to. Michel stressed that the deal had been “concluded and ratified by both sides. It has to be applied in full.“The Brexit divorce deal contained ambiguities after being written at pace, UK Prime Minister Boris Johnson's spokesman said on Wednesday, adding it was always expected for the details on Northern Ireland to be hammered out after signing.
The Internal Market Bill is designed to ensure there are no barriers to trade within the United Kingdom after the country leaves the European Union’s economic framework at the end of the year and help power recovery from the coronavirus pandemic. The UK government says the legislation is a “safety net” designed to prevent disruption to internal UK trade in the event that the UK and the EU do not reach an agreement by the end of the year.
Both sides are gloomy about a breakthrough on the key differences: competition rules and fishing rights. Johnson has said Britain will walk away if there is no agreement by October 15.
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Source: Reuters - 🏆 2. / 97 Read more »