China Daily

UK getting ready for no deal on Brexit

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LONDON — Michael Gove, the minister handling Brexit divorce issues for Britain, said on Sunday that his country is “increasing­ly well- prepared” for no deal on trade with the European Union even as businesses urged the two sides to find a compromise.

Gove said it is the EU that is not willing to intensify talks and avert a no- deal separation.

Such a finale to the United Kingdom’s five- year Brexit crisis would sow chaos through the delicate supply chains that stretch across Britain, the EU and beyond — just as the economic hit from the coronaviru­s pandemic worsens.

“It is not my preferred destinatio­n,” Gove said in an opinion article in the Sunday Times newspaper.

“But if the choice is between arrangemen­ts that tie our hands indefinite­ly, or where we can shape our own future, then that’s no choice at all. And leaving on Australian terms is an outcome for which we are increasing­ly well- prepared.”

Prime Minister Boris Johnson said on Friday that Britain should get ready for a deal with the European Union similar to the one Australia has with the bloc, “based on simple principles of global free trade.”

A so- called Australia deal means that the United Kingdom would trade on World Trade Organizati­on terms. In this scenario, trade between the UK and the EU would take place with tariffs imposed under WTO rules, probably causing significan­t price rises.

Johnson’s critics say that an Australian- style deal is simply code for no deal at all with Britain’s largest export market.

More than 70 British business groups representi­ng more than 7 million workers made a lastditch attempt on Sunday to persuade politician­s to get back to the negotiatin­g table this week and strike a Brexit deal.

The groups ranged from the Confederat­ion of British Industry, TheCityUK and techUK to the National Farmers’ Union, the British Retail Consortium and the Society of Motor Manufactur­ers and Traders. Gove has previously said that while the British government wanted an agreement with Brussels, it was not going to be “held hostage”.

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