9/17, 10:01 AM (Source: TeleTrader)
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Dombrovskis: UK must honor Brexit deal to secure FTA

European Commissioner for Trade Valdis Dombrovskis warned the United Kingdom that it must honor the Withdrawal Agreement if it wants to strike a post-Brexit free trade deal with the European Union.

In an interview released on Thursday, Dombrovskis told Die Welt that the bloc is "concerned about the behavior of the British government" and stressed there will be "no basis" for a free trade agreement (FTA) unless Britain "corrects" its actions.

The UK Parliament is currently in the process of passing the Internal Market Bill proposed by the government which would allow London to override parts of the Withdrawal Agreement with the EU. The legislation was approved at its second reading and is now in the committee stage in the House of Commons.

Breaking the News / NP