Brexit — UK Heading for No Deal Unless it Keeps Promises

  • Barnier warned of a looming no-deal Brexit unless the text he negotiated was adhered to “to the letter.”
  • European rules continue to apply in the UK for a transitional period that lasts until the end of December.
  • Negotiations are due to resume on Tuesday after a mid-May round of negotiations marked by a lack of progress.

A no-deal Brexit looms for the UK unless its Prime Minister, Boris Johnson, sticks to the very promises that he made while securing the withdrawal agreement, the EU’s chief negotiator, Michel Barnier has warnedBarnier accused the Prime Minister of seemingly trying to take an about turn from the written agreement in the political declaration that was arrived at and signed between the UK and the European Commission.

A hard Brexit (also called a no-deal Brexit) usually refers to the UK leaving the EU and the European Single Market with few or no deals (trade or otherwise) in place, meaning that trade will be conducted under the World Trade Organization’s rules, and services will no longer be provided by agencies of the European Union (such as aviation safety).

He warned of a looming no-deal Brexit unless the text he negotiated was adhered to “to the letter.” He also elaborated that Britain stands out as the ultimate loser if the talks eventually fail. Mr. Barnier spoke in an interview with The Sunday Times.

“The U.K. has been taking a step back — two steps back, three steps back — from the original commitments. The U.K. negotiators need to be fully in line with what the prime minister signed up to with us. Because 27 heads of state and government and the European parliament do not have a short memory.”

Ahead of the resumption of the negotiations next Tuesday, Barnier reminded Johnson that the European Union remembers “very clearly the text which we negotiated with Boris Johnson. And we just want to see that complied with. To the letter. . . And if that doesn’t happen, there will be no agreement,” said Barnier.

The United Kingdom officially left the European Union on January 31, but European rules continue to apply in the territory for a transitional period that lasts until the end of December. This is necessary to reach a trade agreement between the two parties.

Negotiations are due to resume on Tuesday after a mid-May round of negotiations marked by a lack of progress. “Time is running out,” warned Michel Barnier, mentioning that any extension of the transition period must be requested before July.

However, the UK Government, under the stewardship of Boris Johnson, has been adamant. He does not admit to prolonging negotiations beyond December, as British negotiator David Frost said on Wednesday. There is now a possibility that there will be no agreement, with consequences for the economy.

Brexit (a portmanteau of “British” and “exit”) was the withdrawal of the United Kingdom (UK) from the European Union (EU). Following a June 2016 referendum, in which 52% voted to leave, the UK government formally announced the country’s withdrawal in March 2017, beginning the Brexit process.

For Michel Barnier, Brexit is, in any case, a lose-lose proposition for the UK and EU.

“If we don’t get an agreement then that will have even more consequences. And then of course those will be added to the already very serious consequences of the coronavirus crisis. So I think we have a joint responsibility in this very serious crisis, which affects so many families . . . to do everything we can to reach an agreement and I very much hope that we will do so.”

Mr. Barnier elaborated that it is in the interests of both parties to reach an agreement, even if the United Kingdom has much more to lose in the context of a no-deal Brexit than Europe. “We are less exposed because 7% of our exports go to the UK, whereas for the UK it’s 47% of their exports which come to the EU. So I think that it is in the interests of both sides to find an agreement.”

Supposing an agreement or the extension of negotiations aren’t arrived at, trade between the two parties will be governed by the rules of the World Trade Organization. New trade barriers will cause high costs for importing companies on both sides, as well as delays at the borders.

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Vincent Ferdinand

News reporting is my thing. My view of what is happening in our world is colored by my love of history and how the past influences events taking place in the present time.  I like reading politics and writing articles. It was said by Geoffrey C. Ward, "Journalism is merely history's first draft." Everyone who writes about what is happening today is indeed, writing a small part of our history.

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