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Thursday, 07 July 2022 12:53
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UK trade minister says 'no deal' Brexit more likely than not

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LONDON (AP) — Britain's international trade minister says it's likely the U.K. will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warnings that the negotiations are in crisis.

Trade Secretary Liam Fox told the Sunday Times newspaper that "intransigence" by EU officials "is pushing us towards no deal." He put the chance of Britain crashing out without a deal at 60 percent.

Britain and the EU say they aim to hammer out an agreement on divorce terms and future trade by October so that it can be approved by all individual EU countries before the U.K. leaves the bloc on March 29.

  • Source/ReadMore: Yahoo New Zealand
Published in BREXIT
Tagged under
  • Brexit
  • Trade
  • news talk

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