Home United States USA — Financial EU ready to give UK more guarantees on Brexit: Barnier

EU ready to give UK more guarantees on Brexit: Barnier

406
0
SHARE

The European Union is prepared to give Britain further Brexit guarantees to help a divorce deal through the British parliament, the bloc’s chief negotiator…
The European Union is prepared to give Britain further Brexit guarantees to help a divorce deal through the British parliament, the bloc’s chief negotiator Michel Barnier said in an interview published Saturday.
« We can find guarantees to confirm, clarify, guarantee the goodwill and good faith of the Europeans with commitments which would have real legal force, » Barnier said in comments published in several European newspapers including Die Welt in Germany and Les Echos in France.
Barnier also suggested European leaders would be amenable to a short « technical » delay in Britain’s departure from the EU, scheduled for March 29, to give the British parliament time to formally ratify a final divorce deal.
The British parliament rejected the original Brexit deal hammered out by Prime Minister Theresa May and EU leaders.
The major sticking point was the so-called « backstop » plan for the Irish border. Some MPs fear the arrangement, which would keep Britain tied to EU trade rules until another way is found to keep the frontier open, is a « trap » that could bind it to European commerce rules indefinitely.

Continue reading...