(BRUSSELS) #BrexitNext Free Trade Report: UK’s Frost says ready for ‘Australia-terms’ FTA if EU still has doubts Britain’s negotiator with the EU said on Monday that London was prepared to accept an “Australia-style” free trade agreement with the bloc if its member states continue to have doubts about the terms of a no-quotas, no-tariffs deal #AceNewsDesk report

#AceNewsReport – Feb.17: Britain will not be threatened into following EU rules in the future by talk of economic rifts and is ready to trade with the bloc on basic international terms if needs be, Prime Minister Boris Johnson’s Europe adviser said on Monday:

Reporting by Gabriela Baczynska; Editing by John Chalmers and Nick Macfie: Reuters: https://t.me/reuters_news/117755 [Feb 17, 2020 at 20:10]

Britain ‘ won’t heed EU rules ‘ to win free trade: PM aide Reuters reports

Britain left the EU last month and the two sides will now start negotiating a new relationship from trade to security.

“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: The speech came as a response to one delivered recently in London by a top EU official, Ursula von der Leyen, who called on Johnson to agree to so-called level playing field guarantees of fair competition based on ambitious environmental and labor standards: For access to its market in the future, the EU demands these level playing field clauses to protect itself from any dumping from the British side:

“It is central to our vision that we must have the ability to set laws that suit us,” Frost said. “To think that we might accept EU supervision on so-called level playing field issues simply fails to see the point of what we are doing.”

Frost, who described himself in the lecture as “one of the few Brexit voting diplomats” in the UK, said Britain would not extend the current, status-quo Brexit transition period that runs until the end of this year.

Frost, who said Britain would set out its own state aid system after the transition ends, described how he started his early career in the EU hub Brussels as a euro-enthusiast but soon became disillusioned.

He said that any easing of the Johnson government’s Brexit stance would not be supported by the general public at home and that the EU must treat Britain as an equal if it wants to have a “durable and sustainable” new partnership.

He said it was “perfectly possible” for the EU and Britain to be economic competitors but political allies.

Brexit negotiator says ‘ UK must be able to set its own laws ‘ BBC News

David FrostGetty ImagesDavid Frost is expected to set out the UK’s stance ahead of post-Brexit trade talks

The UK “must have the ability to set laws that suit us,” the PM’s chief Brexit negotiator has said in a speech in Brussels: David Frost has set out the UK’s stance ahead of post-Brexit trade negotiations, due to start next month: He dismissed the idea an EU court would have a role in future trade disputes, saying: “We only want what other independent countries have.”

#AceNewsDesk report …………Published: Feb.17: 2020:

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