UK Brexit crunch team are to agree to a shorter exit transition period than the original two years asked for by Theresa May, The Sun reveals.
UK Brexit negotiators are preparing to concede to a transition period shorter than the original two years asked for by Theresa May last year.
[...]the EU’s negotiating chief Michel Barnier has said it should cut off on 31 December 2020 – one year and nine months after exit day on 31 March 2019.
Now the Government are gearing up to accept the exit timetabling suggested by Brussels rather than London.
A Whitehall source directly involved with the UK’s exit planning told The Sun: “The EU timetable is the working assumption and no one seems too upset by that.”
And another government source argued the one year and nine month option “falls within the the scope of around two years”.
No10 said the matter was still up for negotiation, but last week Mrs May’s spokesman said the UK and EU were “well aligned” on transition terms.
By leaving on the cusp of 2021, rather than in March of that year as originally suggested, the UK will avoid being dragged into another seven year budget cycle. [...]
Full article on The Sun
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article