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U.K.. Trade Minister Liam Fox will need to summon up a good fairy rather than good negotiating skills if he wants to trade smoothly after Brexit, his former top adviser warned on Tuesday.
Just as Fox prepares to deliver a speech in London The UK can achieve a clean cut from the EU without harming the economy, said Martin Donnelly, Britain just will not be able to to get the same access to the largest single market in the world, without obeying all its rules.
This is not a negotiation, it's something for a fairy godmother. It's not going to happen. "Donnelly, who resigned as a permanent secretary to the Department of International Trade a year ago, told the BBC Radio 4 Today program.
When the Customs Union and the Internal Market are abandoned, Britain will gain access to about 60 percent of its trade That means the Brexit will be like a three-course meal for a snack, the former official said before a speech in London today.
"You give the three courses to food, that's the depth and Intensity of our trade relations between the European Union and the partners now ̵
Foreign Minister Boris Johnson disagreed with Donnelly's view, arguing that future growth opportunities for the UK outside the EU. "I strongly agree with what he said," says e Johnson in the same program.