WeChat QR Code

Home>News Center

UK's Frost says ready for 'Australia-terms' FTA if EU still has doubts

2020-02-18 09:04:36       source:Reuters

February 18, 2020

BRUSSELS (Reuters) - Britain’s negotiator with the European Union said on Monday that London was prepared to accept an “Australia-style” free trade agreement with the bloc if its member states continue to have doubts about the terms of a no-quotas, no-tariffs deal.

The EU does not have a free trade agreement with Australia, and so such an arrangement would effectively be a trade relationship governed by World Trade Organization rules.

David Frost told a university lecture in Brussels that Britain, which left the EU at the end of January, wanted a trade agreement similar to that which Canada has with the bloc when a transition period ends on Dec. 31, 2020.

Read more: