Raab: EU afraid of 'competitive advantage' - Breaking The News
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Raab: EU afraid of 'competitive advantage'

EPA-EFE/WILL OLIVER

United Kingdom Foreign Minister Dominic Raab asserted on Sunday that one of the reasons that the Brexit negotiations haven't yielded an agreement yet is that the European Union is "concerned that Britain might do rather well" after it leaves the bloc, and added that Brussels is "afraid of the competitive advantage" from London.

In an interview with Sky News, Raab reiterated that a potential deal is "far off," and warned that there is "a long way to go" before the two sides can strike an accord.

He concluded that the political aspect of the negotiations deadlock can, at this point, only be broken by the President of the European Commission Ursula von der Leyen. "If the EU can find a way to treat as a normal, independent third country, I think there is every reason to be confident, but we are not there yet," Raab stated.

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