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UK's Sunak says he hopes for a Brexit deal but not at any price


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UK's Sunak says he hopes for a Brexit deal but not at any price

 

2020-11-21T203321Z_1_LYNXMPEGAK0JV_RTROPTP_4_BRITAIN-EU.JPG

FILE PHOTO: Euro and pound banknotes are seen in front of BREXIT letters in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo/File Photo

 

LONDON (Reuters) - British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain's hands in the future.

 

Sunak, one of the few members of Prime Minister Boris Johnson's senior ministerial team to have emerged from the COVID pandemic with an enhanced reputation, was thought to be one of the leading voices in the cabinet who wanted a free trade deal with the EU.

 

He told the Sunday Times that he hoped Britain and the European Union would secure an agreement.

 

"Every day I am reviewing bits of text, so there is genuine progress," he said. "Certainly, it would be preferable to have a deal."

 

But he added: "The major impact on our economy is the coronavirus. It's absolutely not (a question of doing) a deal at any price.

 

"If we don't get a deal, why is that? It is because they are refusing to compromise on what are some completely reasonable and very transparent principles that we've laid out from the beginning. We are not asking for ... super-special treatment."

 

The two sides have been locked in talks for months and, while officials say they have made progress in the last few days, a substantial amount still needs to be done for an agreement to be in place and ratified by the year-end deadline.

 

Sunak gave the interview ahead of a spending review on Wednesday when he will set out the government's spending over the next year, after COVID-19 blew a 200 billion pound ($266 billion) hole in Britain's finances.

 

He said he hoped that, by next spring, he would be able to start thinking beyond the current need to support the economy and jobs, and considering how he could return the public finances to a sustainable level.

 

($1 = 0.7529 pounds)

 

(Reporting by Kate Holton, editing by Louise Heavens and Kevin Liffey)

 

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-- © Copyright Reuters 2020-11-22
 
  • Like 1
Posted

has our budgie smuggler wearing Tony Abbot who got the the UK gig of showing them how to do no deal trade with EU like Oz has been doing since day one got lost to the media?

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Posted

Love the Sunak plan to tax motorists on mileage, way to go, hit then hard in the pocket make people think about having a second car to go to the shops!! Let's see more parents walking or cycling with the kids to school.

Brexit deal, he is of course correct, starting to look like the EU may well have been holding the UK back ????

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Posted
On 11/21/2020 at 3:28 PM, rooster59 said:

British finance minister Rishi Sunak

 

If he ever has a holiday in Thailand he would be advised not to use his surname when registering at a hotel. Might cause a few titters.

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Posted

When you want to do business in Thailand / UK / EU / any country, you have to do that in accordance with the law of that country, and in case of a dispute, go top the courts of that country.

When you sell rights in your county('s waters, like fishing rights, 80% of the Welsch to Spanish fisherman), then you stick to that.

Only THAT is what Boris c.s. does not want.

But.. why to negotiate with a government and parliament, who even do not honour their signature under a treaty for 1 year ?

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Posted
25 minutes ago, puipuitom said:

When you want to do business in Thailand / UK / EU / any country, you have to do that in accordance with the law of that country, and in case of a dispute, go top the courts of that country.

When you sell rights in your county('s waters, like fishing rights, 80% of the Welsch to Spanish fisherman), then you stick to that.

Only THAT is what Boris c.s. does not want.

But.. why to negotiate with a government and parliament, who even do not honour their signature under a treaty for 1 year ?

Are you sure about that were those fishing contracts sold privately between parties if that is the fact then its a disgrace if the UK wants to change it. f it was a goverment to goverment deal its something different. 

 

But if an UK fisherman got money for selling his rights to an Spanish or Dutch one then that should not be changed. You cant cancel a deal like that without compensation. 

 

So I am not sure that that is the case I mean the Brexiteers have shown how untrustworthy they are with canceling a treaty they themselves negotiated but this would be going even further if its true. It would be criminal. Once sold or rented out then you need to keep that no way the  government can undo that. Unless they were government to government agreements.

 

Can you show me a source ?

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