Hard Brexit should hold no 'terrors' for Britain: Foreign Secretary Boris Johnson

Hard Brexit should hold no 'terrors' for Britain: Foreign Secretary Boris Johnson

Hard Brexit should hold no 'terrors' for Britain: Foreign Secretary Boris Johnson

Ireland will come first in negotiations over Brexit and the EU-UK long term relationship, European Council president Donald Tusk said Thursday, while insisting it is not up to the UK to define the EU's interests.

"PM May used the language of a free trade agreement several times, listing varying benefits that Canada and South Korea have obtained", the European Union analysis says.

Publishing draft guidelines for the UK's future relationship earlier this week, Tusk delivered a gloomy message saying that a free trade deal would make economic relations more complicated and costly.

In a much-anticipated speech, May set out ambitions for a tailor-made free trade deal that would include financial services and said Britain would aim for associate membership of European Union regulators covering chemicals, medicines and aerospace. Like other free trade agreements, it should address services.

He also delivered a firm rejection of a statement from United Kingdom chancellor of the exchequer Philip Hammond, who on Thursday suggested a free trade deal between the EU and Britain could encompass financial services, even if the United Kingdom remains outside the European single market and customs union. Financial services can not be in a free trade agreement, for many reasons, for reasons of stability, for the sake of supervision because there are some very specific rules for financial services.

Neither side wants a big row there, when Mrs May is also likely to secure agreement in principle on a transitional period to avoid a cliff-edge Brexit in a year's time.

Davies stressed that Britain is leaving the European Union, not Europe.

The documents released today are said to be deliberately vague to try and force Theresa May to reveal more of what she wants from leaving the EU.

However, he also said there could be "no winners" on Brexit, and that any agreement would be the first one to "loosen economic ties instead of strengthening them".

But her vision was little changed from an earlier proposal for Britain to be able to diverge from some of the EU's rules and regulations while sticking to others which benefit Britain, a plan the bloc has described as "pure illusion".

For the EU27, this is especially true when we talk about Brexit.

During a speech to the British Chamber of Commerce, Arlene Foster, the leader of Northern Ireland's Democratic Unionist Party (DUP), attacked the EU's hardening stance on both trade and the Irish border.

Mr Johnson said the issue "has understandably a great deal of political, emotional charge" and it was "all too forgivable for politicians to wish to be absolutely certain about how things will work". "I would, however, ask to allow us to define what's in the EU's interest", he said about Hammond's demands. President Trump has recently said, and I quote: "trade wars are good, and easy to win".

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