The chance that the Brexit negotiations will result in an agreement is less than the likelihood that there will be no agreement on the conditions of UK exit from the European Union.
That said the British Minister of International Trade in an interview in the Sunday Times.
“There is a 60 percent probability that no agreement will be reached,” Fox said, blaming the European Commission for lack of flexibility in the 16 months of talks.
The warnings have recently swelled that a so-called hard Brexit seems inevitable.
Prime Minister Theresa May still hopes to reach an agreement before October on trading conditions with the EU after the British exit.
That would mean that the British and the European Parliament would have the time to discuss the conditions until the official withdrawal in March.