Brexit aiming at EU-UK free-trade deal
Although the UK and the EU can operate under the World Trade organization rules in case no deal is achieved after the two-year Brexit negotiation period, however the ultimate goal is to reach a “comprehensive free trade” deal the prime minister Theresa May said, while debating the Article 50 triggering earlier today in Brussels.
May considers the UK position in the negotiating the free-trade agreement in a “good position”, because the European industries see advantages of this deal. The EU companies see “real benefits” of the trade with the United Kingdom. With the aim to ensure the “pragmatic” co-operation.