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9/7, 2:26 PM (Source: TeleTrader)
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Johnson sets Brexit deal deadline on October 15

United Kingdom Prime Minister Boris Johnson unveiled on Monday that London is not ready to negotiate with the European Union on the two sides' post-Brexit trade relations beyond October 15.

Johnson asserted there is "no sense in thinking about timelines that go beyond that point," adding there will be no free trade agreement between London and Brussels if the deal is not reached "by the time of the European Council on 15 October."

"We will then have a trading arrangement with the EU like Australia’s," the prime minister said, underscoring "that would be a good outcome for the UK" as the country would gain "full control over our laws, our rules, and our fishing waters." If the bloc is ready to strike a deal "like the one the EU has agreed with Canada and so many others," the head of the British government would be "delighted" but Downing Street is not prepared to "compromise on the fundamentals of what it means to be an independent country," he warned.

Breaking the News / GA