Prime Minister Boris Johnson will use the parliamentary majority he won to outlaw any extension of the Brexit transition period beyond 2020. This cuts the time for negotiations from nearly three years to around 10 months
LONDON - Britain set a hard deadline of December 2020 on Tuesday to reach a new trade deal with the European Union, betting that the prospect of another Brexit cliff-edge would force Brussels to move more quickly than usual to seal an accord.
Asked if the government would legislate to rule out any extension of the transition beyond 2020, one of Johnson’s most senior ministers, Michael Gove, said: “Exactly, absolutely.” By enshrining in law his campaign promise not to extend the transition period beyond next December, Johnson cuts the amount of time he has to negotiate a trade deal to 10-11 months - and possibly quite a lot less, given the time needed for UK and EU parliamentary approval of any deal.Johnson and European Commission President Ursula Von Der Leyen agreed in a phone call on Tuesday to work with “great energy” to get a deal done by the deadline, the prime minister’s spokesman said.
Trade deals usually take many years. The 2,000-page EU-Canada trade deal known as CETA, or the Comprehensive Economic and Trade Agreement, took seven years to negotiate. The EU insists it will not seal a trade deal with a large, economically powerful neighbour without solid provisions to guarantee fair competition.
At the same time, Britain will face U.S. pressure to loosen rules on its agricultural and food standards as it negotiates a bilateral trade deal with Washington, another Johnson priority.But this would overstep a red line for the EU, which would then restrict access to its market to protect its own producers.
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