KM ANIK
24 UPDATE
13/11/2017
Special News "EU"
Reported in BANGLADESH
 |
| MMANUEL DUNAND EU Brexit chief Michel Barnier said it was "vital" for Britain to increase its offer on its exit bill |
EU Brexit chief Michel Barnier
yesterday said he is making contingency plans for the "possible"
failure of divorce talks with Britain, which he has given two weeks to reach
preliminary agreement on key issues.
"It's not my (preferred)
option," he told French weekly Le Journal du Dimanche (JDD). "But
it's a possibility. Everyone needs to plan for it, member states and businesses
alike. We too are preparing for it technically."He recalled that without a
deal on post-Brexit trade terms the EU and Britain would revert to World Trade
Organization (WTO) tariffs, with trade ties "like those we have with
China".On Friday Barnier gave Britain a two-week ultimatum to make
concessions on a divorce agreement if it wants to unlock the next phase of
talks in December.
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