If no progress is made in the basic negotiations in the trade negotiations with the UK, the cutoff will take place in June if there is no progress at 5:48 on February 28
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The British government has announced its basic policy for negotiations on future relations, including a free trade agreement with the EU. Under these circumstances, we aim to reach a final agreement by September, and if there is no progress, we will set a strong stance that will not quit the talks in June.
The United Kingdom and the EU will begin negotiations on a future relationship after the withdrawal from next month, and the Johnson administration announced a basic policy on the 27th.
Of these, the Free Trade Agreement aims to be the same as the EU-Canada agreement, where most tariffs have been eliminated.
Although we aim to reach a final agreement by September, if there is no progress, we have decided to stop negotiations in June and take a firm stance.
It reiterates that the transition period will not be extended to avoid the abrupt change expected until the end of December this year.
While the United Kingdom is not bound by EU rules, the EU seeks the same level of regulation to ensure fair competition, and there is a wide gap between the two sides.
"We want to have the best trade relations with the EU but will not trade it for British sovereignty," said Gove, the minister of secession practice on Wednesday.
The UK wants to take the lead in negotiating by showing a strong stance, but if it cannot agree, tariffs and the like may cause economic and social turmoil, and concerns have been raised.