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UK ready to quit EU on 'Australia terms' if no Brexit deal, Johnson says

2020-06-28 09:11:52       source:Reuters

June 28, 2020

LONDON (Reuters) - Britain will be ready to quit its transitional arrangements with the European Union “on Australia terms” if no deal on their future relationship is reached, Prime Minister Boris Johnson told his Polish counterpart Mateusz Morawiecki on Saturday.

Britain left the bloc on Jan. 31. A transition period, during which Britain remains in the European single market and customs union, expires on Dec. 31 and pressure is mounting to agree a free trade deal before then.

With the two sides still far apart, a round of “intensified negotiations” is due to start next week.

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