Thu, Apr 09, 2026 03:09 GMT
More
    HomeLive CommentsUK Raab: No-deal Brexit is EU's responsibility to bear

    UK Raab: No-deal Brexit is EU’s responsibility to bear

    UK Foreign Minister Dominic Raab warned in a Reuters interview that it’s EU’s call on no-deal Brexit. And, it’s EU’s responsibility to take if that happens. He also reiterated that UK will leave at the end of October “preferably with a deal”. But, if “there’s no movement or flexibility from the EU side, then we’ll leave on what’s called WTO terms.”

    Raab said, “If the position from the EU is that the withdrawal agreement can’t be changed – whether it’s add-ons or subtractions – full stop, which is their position today, then let’s face it, they will be taking the decision to see the UK leave on no-deal terms, and that’s a responsibility they will have to bear.”

    He also reiterated the new government’s stance that “the backstop, certainly in its current form, is undemocratic and it’s something that will have to be removed.” The alternative is to move toward an “operational backstop” that ensured that “any checks that are done wouldn’t be at the border” but could be managed with “technology and goodwill and operational cooperation.”

    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Learn Forex Trading