Britain ready for basic agreement like EU – Australia one

Britain is ready to trade with the European Union on basic international terms that the bloc currently follows with Australia if a more ambitious free trade agreement cannot be reached, Prime Minister Boris Johnson’s Europe adviser said.

“We are not frightened by suggestions there will be trade frictions,” David Frost told a lecture at a Brussels university. “We are not asking for anything special, we are asking for a simple free trade agreement.”

Should that not be possible because of the bloc’s insistence that Britain aligns itself with EU rules ahead, London was ready to trade with the 27-union according to the same basic international rules as Europe now follows with Australia.

Reuters / Nasdaq

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