Michael Gove, the minister responsible for coordinating Brexit preparations in the government of Boris Johnson, said the UK is well prepared for a no-deal Brexit, according to the Sunday Times.
Michael Gove, the UK minister on “divorce issues” with the European Union, said on Sunday that the UK is “better preparing” for a no-deal Brexit. “This is not my preferred destination,” Goff said in an article for The Sunday Times, “But if the choice is between conditions that tie our hands indefinitely and those in which we can shape our future, that is not an option. Breaking away from Australian conditions is a result we are better preparing for.” .
The transition period is coming to an end
The absence of an agreement before December 31, 2020, when the post-Brexit transition period ends, means that from next year, trade between the UK and the European Union will follow the general rules of the World Trade Organization (WTO), that is, tariffs, quantitative sums and other barriers . Australia does not have a comprehensive trade agreement with the European Union, and much of its trade with the European Union is carried out under World Trade Organization rules, although there are specific agreements for some goods.
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