- Jul 10, 2003
- 27,772
Am I correct in thinking that if no negotiated agreement is reached in the next 8 months then we will automatically leave the EU with no extension and straight onto WTO rules ?
Although legally that would be true,
Practically, no we can't.
My post here explains why
What will happen is the EU will offer an extension to membership on whatever terms they see fit, and we will have to take it. (The economic implications of a WTO 'no deal') on Britain would be so huge that it would certainly effect the EU negatively.
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