Britain, on trade collision course with EU, says it could walk away

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Britain, on trade collision course with EU, says it could walk away
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Britain on collision course with EU with trade talks mandate

LONDON - Britain unveiled a negotiating mandate on Thursday for talks with the European Union that puts it on a collision course with Brussels, saying it was ready to walk away if “good progress” was not made by June.

Having accepted that British businesses will encounter new “frictions” in trade with the bloc outside its single market and customs union, the government has made its stance clear - self-determination must trump economic concerns. “We want the best possible trading relationship with the EU, but in pursuit of a deal we will not trade away our sovereignty.”

Michel Barnier, the EU’s chief negotiator, said Brussels had taken “note” of the mandate. “We will stick to all our prior commitments in the political declaration,” he tweeted, referring to an outline agreement on future ties signed by both sides.Britain’s main opposition Labour Party, locked in a leadership battle, described the government’s stance as “frankly underwhelming”, and the British Chambers of Commerce said companies were “impatient for negotiations to begin in earnest”.

At the heart of the conflict is Britain’s demand for a trade deal along the lines of one between the EU and Canada.

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