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Washington DC - 7 October 2016
1. SOUNDBITE (French) Michel Sapin, French Finance and Economy Minister:
"I know that the foreign affairs minister (British Foreign Secretary Boris Johnson) says that (it is possible to have membership of the single market without accepting freedom of movement for people). It is coherent, because he said the same when he was campaigning in favour of Brexit, but it is an illusion. These four freedoms cannot be dissociated."
2. SOUNDBITE (French) Michel Sapin, French Finance and Economy Minister:
"I said at the time when the previous prime minister (David Cameron) said 'there is a red carpet between France and the UK, come to us', I said it was inimical. I don't want to be inimical in the opposite direction. French companies will make decisions according to Brexit, according to maintaining economic financial relations between the continent, the European Union and the UK. But one thing is sure: No one in the Eurozone will accept that the main clearing place will be outside the European Union."
3. SOUNDBITE (French) Michel Sapin, French Finance and Economy Minister:
"I don't like the use of the term fight. I don't like the idea that Europe wants to punish the UK. That's not the state of mind of the French authorities. However certain things are obvious: post-Brexit cannot be the same as pre-Brexit. Brexit gives rise to consequences. The choice of the British people meant that there would be consequences, in fact the desire was for there to be consequences. And amongst those certain activities will no longer be able to take place on British territory, so they will have to take place in the European Union."
France's Finance and Economy Minister Michel Sapin on Friday said that British Foreign Secretary Boris Johnson was labouring under an "illusion" when he said that it was possible to retain membership of the single market without guaranteeing the freedom of movement of people.
Speaking to broadcaster Sky News, Sapin also said that "no one in the Eurozone will accept" for the main clearing place to be outside the Union.
Sapin went on to say that leaving the EU will have "consequences", including that "certain activities will no longer be able to take place on British territory."
"The choice of the British people meant that there would be consequences, in fact the desire was for there to be consequences."