LONDON - Britain demanded "more realism" from the European Union Monday ahead of crucial post-Brexit trade talks, but the mood was soured by reports that London was looking to rewrite an agreement the
LONDON - Britain demanded "more realism" from the European Union Monday ahead of crucial post-Brexit trade talks, but the mood was soured by reports that London was looking to rewrite an agreement the two sides had already signed.
"If they can't do that in the very limited time we have left, then we will be trading on terms like those the EU has with Australia, and we are ramping up our preparations for the end of the year." "Everything that has been signed must be respected," Barnier warned, saying he would discuss it with Frost.
Eliminating border checks with the Republic of Ireland was a key part of the 1998 Good Friday Agreement, which ended 30 years of violence over British rule in the province. The report provoked an angry backlash in Dublin and Belfast, where the prospect of a potential "hard border" is a reminder of "The Troubles".
Jitters were also felt on the currency market, where the pound slid against the dollar and euro on fears that the UK-EU talks would fail, severely disrupting trade ties.Some analysts however suggested the row over Northern Ireland is a move by London to raise the pressure in the trade talks.
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