News ID: 219436
Published: 0134 GMT August 06, 2018

May still believes Britain will win a good Brexit deal – spokesman

May still believes Britain will win a good Brexit deal – spokesman
Britain's Prime Minister Theresa May

Prime Minister Theresa May still believes that Britain will negotiate a good Brexit deal with the European Union rather than failing to win any agreement for its departure from the bloc, her spokesman said on Monday.

The spokesman told reporters that British Secretary of State for International Trade Liam Fox was right to highlight in an interview at the weekend the risk of Britain crashing out from the EU, which helped push the pound down to an 11-month low, Reuters reported.

“We continue to believe that a deal is the most likely outcome because reaching a good deal is not only in the interests of the UK, it is in the interests of the EU and its 27 members,” the spokesman said.

Britain's international trade minister said it's likely the UK will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warnings that the negotiations are in crisis.

Fox told the Sunday Times newspaper that "intransigence" by EU officials "is pushing us towards no deal." He put the chance of Britain crashing out without a deal at 60 percent.

Britain and the EU say they aim to hammer out an agreement on divorce terms and future trade by October so that it can be approved by all individual EU countries before the UK leaves the bloc on March 29.

But the talks have stalled, and the British government is trying to heap pressure on the other 27 EU nations to compromise by stressing the economic harm to all sides that would come from a "no-deal" Brexit that imposes tariffs and other barriers on UK-EU trade.

Fox accused EU officials of putting a "theological obsession" with sticking to the rules ahead of "the economic wellbeing of the people of Europe."

EU officials say Britain has failed to make realistic proposals about future ties. They accuse the UK of seeking to retain the benefits of EU membership — such as free trade — without accepting the bloc's rules, including the free movement of people among member states.

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