The EU is constantly saying that it took seven years to arrange the Canada deal, ok it did; but you've now got another country that wants to adopt nearly exactly the same thing, in which case, as Boris Johnson has said, it's oven-ready, it's off the shelf, let's just move on with that.
"But on the whole, although Barnier and Johnson have indeed set out markedly different visions for trade relations, the UK Prime Minister was careful not to emphasise any of the sort of red lines that sunk his predecessor's negotiations with the European Union".
But a critical element of any new trade agreement will be the degree to which Britain continues to abide by numerous bloc's rules in such areas as labor rights, environmental standards and antitrust rules. However, we believe that a de facto/artificial extension could be achieved by agreeing that the divergence would happen slowly over time, as part of a more comprehensive deal.
"Are we going to insist that the European Union does everything that we do as the price of free trade?" In a speech to business leaders and worldwide diplomats in London, Johnson plans to say "we want a free trade agreement", but not at any cost.
"The UK will maintain the highest standards in these areas, better in many respects than those of the European Union without the compulsion of a treaty".
"Now, the government confronts the challenge not only of successfully concluding a set of complex negotiations in under a year, but also putting in place structures and policies to replace those of the EU".
Barnier underscored the difficulties of the trade negotiations with Britain when he highlighted the small but emblematic fisheries industry, which was a key issue in the U.K.'s protracted Brexit divorce deal.
Europe's chief negotiator Michel Barnier will propose his vision for a new foundation for ties in Brussels, with trade the most pressing issue, while Johnson will make his case in a speech in London. "The scene is set for a showdown and a rocky path for negotiations that introduces new headline risk for the pound".
Mr Barnier told reporters in Brussels: 'It's clear that the agreement that we wish to have in the interests of United Kingdom fishermen and in the interests of European fishermen - I call that reciprocal access to our territorial waters and our markets - that agreement on fisheries will be inextricably linked to the trade agreement, as indeed will be. the agreement on the level playing field agreed with Boris Johnson'.
At the moment, much of EU-Australia trade runs along basic World Trade Organisation rules, though there are specific agreements for certain goods.
The comments come in response to Brussel's Chief EU negotiator Michel Barnier's assertions that this is what Britain will have to do in order to avoid leaving the bloc under WTO rules. But time is short because Britain wants to wrap things up by the end of the year, a deadline seen as breathtakingly optimistic by many trade experts.
The European Union and Britain clashed over a post-Brexit trade deal on Monday.
Even if there is a relatively benign trade deal, the economy here could still take a major hit.
While British Prime Minister Boris Johnson has said "taking back control" of fishing was one of the prizes of Brexit, the French and European Union remarks sought to show the extent to which both London and Brussels had much to gain and much to lose.
"We will have two separate markets instead of one single market", Barnier told a press conference.