During a speech, in Germany, David Davis, the UK's secretary, announced that he was trying for the freest economy deal possible. On top of that, he declared that Britain would not aim for a "race to the bottom." Before discussion on these deals occurs, the "divorce bill" needs more questions to be answered, like what is happening with Northen Ireland, and the fact that people's rights need to be addressed as well.
The speech reportedly was calm but showed signs of frustration on the side of the UK, due to many problems with the attitude of the EU.
Laura Kuenssberg, an editor working for the BBC, noticed that the German interviewer was awarded a round of applause after suggesting that the UK government was in a chaotic state.
The conference, which was set up by a German newspaper company (Suddeutsche Zeitung) included economic personalities. Mr Davis announced to the audience that trades between Germany and the UK were worth an enormous $176 billion per year. Because of this, he argued that trade with other countries should only strengthen within the EU -- this is why he argues "prosperity over Politics."
Think outside the box
Davis said that Britain was looking for a detailed and a free market with all aspects covered. The market should be unique in sectors such as data and transport.
He believes that the United Kingdom should use an independent trade system to increase standards rather than lower them.
He also suggested that the EU and UK think outside of the box in terms of the Brexit deals, however, he understands that there will have to be a limited amount of time to implement the new regulations. When these deals go ahead, the accessibility to the EU and UK markets should stay the same during the transition period.
Financial promises
He continued, saying that tariff-free trade should stay how it is now but there must be a reasonable system for disputing, in order to solve some disputes that will likely occur. This has to be reasonable for both the EU and UK for business to continue in the partnership.
After Davis' informational speech, he was invited to a question and answer.
In one answer, he laughed about the question, stating "Would the UK be prepared to pay a $60bn fine to pay for its financial settlements?" He then answered, saying that the deal should require nobody to pay more and nobody to be given less, but the UK would be prepared to pay the money if necessary.
He finally said that it was very unlikely for the EU and UK to settle for a no deal.
