Britain's European Union partners agree guidelines for post-Brexit ties

Mar 25, 2018, 01:46
Britain's European Union partners agree guidelines for post-Brexit ties

Britain and the European Union have agreed a Brexit transition deal, paving the way for future UK-EU trade talks, after EU leaders formally backed the agreement at a summit on Brussels on Friday.

As she left the leaders' summit in Brussels, Theresa May said she believed there was a "new dynamic" to the negotiations, and reiterated her commitment to offer answers on the Irish border.

"I believe there is a new dynamic now in the negotiations. It gives them clarity to plan for their future and ensures that they will only have to make one adjustment when we enter into the new relationship with the European Union in the future", Mrs May said as she left the summit on Friday.

"I believe we are approaching this with a spirit of co-operation, a spirit of opportunity for the future as well, and we will now be sitting down and determining those workable solutions for Northern Ireland, but also for our future security partnership and economic partnership", she said.

The Council confirmed that political agreement had been reached by Brexit negotiators on parts of the legal text of the withdrawal agreement, including a transition period that will last until December 2020.

"As the sector hardest hit by Brexit, a time-limited transition period has been at the top of FDF's negotiation wish-list". He noted new talks on the border start next week.

A solution to avoid a hard border on the island of Ireland has yet to be agreed, with the EU insisting on a "backstop" option of Northern Ireland effectively remaining in the customs union.

The leaders of 27 member states endorsed a seven-page blueprint for a future deal with the United Kingdom at a summit in Brussels on Friday morning. "In practice, the transition phase will allow to delay [sic] all the negative consequences of Brexit by another 21 months", he wrote on Twitter. "I would rather have the right deal in October rather than any deal in June".

Russian Federation on Friday slammed Britain for encouraging European Union member states to support London over a spy poisoning row after they agreed to recall the bloc's envoy from Moscow for consultations.

Irish premier Leo Varadkar, who met May on the sidelines of the summit on Thursday, said he envisaged a trading relationship that was "so close that many of measures in the backstop may become unnecessary".

Mrs May, who had been expected to return to London on Thursday night, extended her stay in Brussels to take part in discussions by all 28 member states on escalating USA trade measures.