The British government said it could abandon talks with the EU regarding future trade relations if progress was not made by June, Sky News reports.
The UK government said it would not negotiate any provisions under which the country would not have control over its own legislation and political life.
If negotiations come to a standstill, the UK will rely on the terms of the World Trade Organization in bilateral trade relations.
As The Journalist reported, Šefčovič appointed as co-chair of EU committee.
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