MERK MY WORDS
Angela Merkel fears post-Brexit Britain will be a major competitor to the EU like the US and China
ANGELA Merkel fears Britain will become a major economic competitor to the EU like the US and China after Brexit.
The German Chancellor warned the UK will be able to do battle with bloc for a slice of global trade once it has left.
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Speaking after a dinner with Emmanuel Macron, she called for closer commercial cooperation between Paris and Berlin in response.
She said France and Germany must work together more on trade, environmental standards and artificial intelligence to protect their interests.
Mrs Merkel said: “We will do all this in the knowledge that with the departure of Britain, a potential competitor will of course emerge for us.
“That is to say, in addition to China and the US, there will be Britain as well.”
Her remarks come amid growing unease in Brussels about Boris Johnson’s insistence that the UK will break free from EU rules after Brexit.
The PM has demanded that so-called Level Playing Field provisions agreed by Theresa May are stripped out of the blueprint for a future trade deal.
The Sun Says
A HEARTY Sun welcome to Angela Merkel as she joins those of us certain that Britain WILL thrive outside the EU.
“A potential competitor will emerge for us,” says the German leader. “In addition to China and the United States of America, there will be Great Britain.”
For three years Remain diehards have insisted we are a puny backwater doomed without the might of Brussels to cling to.
But even the EU doesn’t believe it . . . quite the reverse.
Merkel has exposed their greatest fear: that Brexit will work, in spades.
That lower taxes and new trade deals, impossible to negotiate as a 28-member bloc, could rapidly make us richer and more attractive to investors than they are.
That lies behind the EU’s relentless campaign, via its Westminster proxies, to thwart Brexit.
They can’t afford for it to succeed.
Nor, if they’re honest, can those Remain saboteurs in Parliament.
Not only would they have lost the referendum, they would have been proved wrong.
And their egos would never recover.
He is gunning for a “best in class” FTA rather than the close partnership based on a Customs Union sought by his predecessor.
But at a meeting of EU ambassadors this week a number of Member States raised fears that could lead to a “Singapore-on-Thames” on their doorstep.
They fear that British businesses would be able to undercut continental ones if the UK adopts lower labour and environmental standards after Brexit.
Angela Merkel says there’s ‘every chance’ an 11th hour Brexit deal can be reached
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