What did Boris Johnson mean by an Australia-style system of trade?
by Daniel Boffey in Brussels from Economics | The Guardian on (#59602)
PM has told firms to prepare to trade with EU based on simple principles of global free trade'
The prime minister claimed that due to the stubborn intransigence of the EU he had to conclude that the Canada-style" trade deal that he was seeking was not going to be successfully negotiated without a fundamental" change in Brussels' negotiating position. He said it was therefore important that business prepare to trade with the EU on the basis of arrangements that are more like Australia's, based on simple principles of global free trade".
Continue reading...