Tajani continued to state that if no deal is struck, the partnership between Brussels and London "will be controlled by the norms of the [World Trade Organization] WTO, which include among others tariffs for the goods."
In order to help maintain good relations between the European Union and the United Kingdom, in particular in the area of counterterrorism and defense, Tajani stressed that it is crucial a "clear agreement" is reached during the talks.
"We are hoping that the talks will be successful, and the European Union will be able to speak on the issue of the agreement at the beginning of 2019," the head of the European Parliament said.
The United Kingdom's exit from the European Union formally began on Wednesday, after it was confirmed that a letter triggering Article 50 of the Lisbon treaty, penned and signed by UK Prime Minister Theresa May, was delivered to European Council President Donald Tusk. According to Article 50, the United Kingdom now has two years to complete the negotiations, and must leave the European Union on March 29, 2019.
The talks between London and Brussels are expected to be mainly focused on the issue of mutual recognition of the rights of EU nationals in the United Kingdom and UK citizens in the European Union, as well as on maintaining free access to the markets and freedom of movement. The talks are expected to begin as early as this coming May.