EU's chief Brexit negotiator anxious about negotiations

UK ready for any outcome of post-Brexit trade negotiations with EU – Johnson

UK ready for any outcome of post-Brexit trade negotiations with EU – Johnson

Another EU diplomat, who also spoke on condition of anonymity, echoed that in referring to Britain's divorce deal with the bloc a year ago:"Without correct implementation of the Withdrawal Agreement, I can not imagine the EU would conclude a treaty with a country that does not abide by its treaty commitments".

European Fee President Ursula von der Leyen known as the United Kingdom to order, saying on Monday (September seventh) that it was required "underneath worldwide legislation" to respect the EU withdrawal settlement signed with Brussels."I belief the United Kingdom authorities to implement the Withdrawal Settlement, an obligation underneath worldwide legislation and a prerequisite for any future partnership", she tweeted.

In a statement on Monday, Johnson gave an EU summit on 15 October as the deadline for an EU-UK trade deal to be agreed in order to be ratified before the UK's transitional period expires at the end of 2020.

Talks on a new relationship from 2021 between the estranged allies plunged into a fresh crisis on Monday after Britain warned the European Union that it could effectively override the divorce deal it signed earlier unless the bloc agrees to a free trade deal by october 15.

The new legislation, called the Internal Market Bill, has not been published but is understood to override the legal force of the Withdrawal Agreement in areas including state aid and Northern Ireland customs.

It does this by effectively keeping Northern Ireland in the EU's single market for goods. "Ursula von der Leyen isn't as interested in Brexit as [Jean-Claude] Juncker was", the source said, referring to the European commission president and her predecessor.

"So, there is no sense in thinking beyond that point".

"It looks that we are only at the beginning of a painful correction lower in the pound", said Valentin Marinov, head of Group-of-10 foreign-exchange strategy at Credit Agricole SA, who sees the pound dropping to US$1.20 in the event of no deal.

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The British government had said it wanted a "zero tariff, zero quota" regime.

Britain's chief Brexit negotiator says Britain wants "to get back the powers to control our borders and that is the most important thing". "It's interesting the leak appeared in the Financial Times, which has an global audience", the European Union diplomat said.

This week will see the final phase of the negotiations, with Lord Frost's team calling for "more realism" from the European Union to break the deadlock and meet the transition period deadline for a comprehensive bilateral deal.

"We'd much rather have a deal and that's why we're continuing these negotiations with the EU". They require time to solve.

Johnson will say negotiators will continue to work hard to try to close a deal.

MEPs in Brussels attacked Mr Johnson.

Former leader of the Lib Dems Lord Menzies Campbell accused Boris Johnson of "throwing his toys out of the pram" in Brexit negotiations, warning it holds no weight with the EU.

"Instead of taking Northern Ireland hostage again, it would be better that you keep your word and stand by the Withdrawal Agreement. The principle behind the protocol of checks on some of those goods entering through Northern Ireland ports is in the Northern Ireland protocol and we remain committed to it".

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