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Obama quashes prospect of fast-track Brexit UK-US trade deal

The June 23 referendum saw Britainvote by 52 per cent to leave the European Union, following a campaign which was dominated by immigration.

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Assistant Trade Minister Keith Pitt, a former sugar cane farmer, said Australia needed to get its foot in the door before Britain left the EU.

British Prime Minister Therese May says she will come to a decision over the China-backed nuclear plant in Britain in the coming month. “There’ll be some hard times ahead”, she said, although she thought the reaction of the British economy to the Brexit vote had been better than expected.

“This week a team of United Kingdom government officials will hold talks in Canberra with their Australian counterparts about establishing a trade negotiating team and the Australian government have also offered to second experienced negotiators to the United Kingdom as we seek to rapidly establish a world class trade policy team”, said the statement.

“Since the inception of the task force, three meetings were held and we’ve compiled the message, taking into account concerns from the private sector”, a Foreign Ministry official told Reuters on the sidelines of the G20 summit in Hangzhou, China.

Britain and Russia said on Sunday they hope to improve their relations through dialogue following the first meeting between new British Prime Minister Theresa May and Russian President Vladimir Putin. “There will be some hard times ahead”.

A British official said such reports were welcome.

During a trip to Northern Ireland on Thursday, Davis said Britain would ideally have tariff-free access to the EU’s single market.

“Theresa’s right to reduce people’s expectations about how quickly we can get a grip of this”.

“But I will also be talking to other world leaders about how we can develop free trade around the world and Britain wants to seize those opportunities”.

Ms May has dismissed the idea of a second referendum, a demand that has gathered more than 4 million online signatures in a petition to be debated in Parliament on Monday.

Mrs May’s talks with president Obama follow the United States leader’s warning that the United Kingdom would be at “the back of the queue” for a trade deal if it voted to leave the EU. “The UK will be leaving the European Union”.

She will also have a meeting with her Indian counterpart Narendra Modi, with the trading relationship expected to dominate the agenda.

Downing Street said New Zealand and Canada are among other countries to have also offered the British government expertise, adding that it reflected support from countries around the world to make a success of Brexit.

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In an article for the state-run China Daily on Thursday, Mr Liu made no direct reference to Hinkley, but said “a number of steps need to be taken in order to maintain the momentum in the relationship” between London and Beijing.

Britain's Prime Minister Theresa May leaves 10 Downing street for Prime Ministers Questions at the House of Parliament in London. On her first visit to China as Britain’s prime minister Theresa May will