'Britain will prosper': PM Johnson sets out tough terms for EU talks

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'Britain will prosper': PM Johnson sets out tough terms for EU talks
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Prime Minister Boris Johnson will lay out his negotiating terms for talks with t...

LONDON - Prime Minister Boris Johnson will lay out his negotiating terms for talks with the European Union on Monday, saying Britain will prosper even if he cannot strike his preferred trade deal.

The sides have until the end of the year, when a standstill transitional period expires, to try to secure a deal on trade and future relations - something London and Brussels both say they want to do, but on very different terms. “There is no need for a free trade agreement to involve accepting EU rules on competition policy, subsidies, social protection, the environment, or anything similar, any more than the EU should be obliged to accept UK rules,” Johnson will say, according to excerpts of his speech distributed by his office.

“The choice is emphatically not ‘deal or no-deal’. The question is whether we agree a trading relationship with the EU comparable to Canada’s – or more like Australia’s.”At the moment, much of EU-Australia trade runs along basic World Trade Organization rules, though there are specific agreements for certain goods. Australia is in the process of negotiating a trade deal with the EU, however.

The EU has repeatedly warned Britain that the level of access to its single market of 450 million people will depend on how far London agrees to adhere to such rules.

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