Tags: EU | Brexit

Brexit Secretary Says a No-deal Brexit Now Less Likely

Brexit Secretary Says a No-deal Brexit Now Less Likely

Sunday, 10 December 2017 09:38 AM EST

LONDON (AP) — The man in charge of Britain's departure from the European Union says the chances the country will leave the 28-nation bloc with no trade deal have "dropped dramatically" after the two sides reached a preliminary agreement on divorce terms.

David Davis told the BBC on Sunday that the deal hammered out by British Prime Minister Theresa May last week means Brexit talks can now move onto the next phase, giving Britain enough time to negotiate a free-trade agreement before it leaves the EU in March 2019. He says that makes it highly unlikely Britain will have to fall back on World Trade Organization rules that would impose tariffs on trade.

Davis says, "The odds, as it were, against a WTO, or no-deal outcome, have dropped dramatically."

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
The man in charge of Britain's departure from the European Union says the chances the country will leave the 28-nation bloc with no trade deal have "dropped dramatically" after the two sides reached a preliminary agreement on divorce terms.David Davis told the BBC on Sunday...
EU,Brexit
128
2017-38-10
Sunday, 10 December 2017 09:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved