UK ready to quit EU on ‘Australia terms’ if no Brexit deal, Johnson says

FILE PHOTO: Prime Minister Boris Johnson speaks during the weekly question time debate in Parliament, in London, Britain, June 24, 2020, in this screen grab taken from video. Parliament TV/Reuters TV via REUTERS

Britain will be ready to sever ties with the European Union “on Australia terms” if no deal on its future relationship with the bloc is reached, Prime Minister Boris Johnson, told his Polish counterpart Mateusz Morawiecki on Saturday.

Britain left the EU on Jan. 31 and agreed transitional arrangements are in place until Dec. 31. A round of “intensified negotiations” is due to take place in July.

“He (Johnson) said the UK would negotiate constructively but equally, would be ready to leave the transition period on Australia terms if an agreement could not be reached,” Johnson’s Downing Street office said in a statement.