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31 October 2018

Financial Times: UK’s Raab says he expects Brexit deal by November 21


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Britain’s exit deal with the EU should be finalised within three weeks, Brexit secretary Dominic Raab has told MPs.


The pound rose on Mr Raab’s claim that he expects a deal to be finalised by November 21, adding: “The end is now firmly in sight and, while obstacles remain, it cannot be beyond us to navigate them.”

Mr Raab, in a letter to MPs on the Commons Brexit committee, said that he would be willing to give evidence to the panel once a deal was finalised.

He said that he currently expected “November 21 to be suitable”. That would confirm that Britain is looking to conclude a deal at a special European Council meeting in mid-November, allowing Theresa May to seek approval for the package from MPs before Christmas. [...]

The minister also said that the EU had accepted Britain’s proposal for a partial solution to the vexed question of a “backstop” plan to avoid a hard border in Northern Ireland.

“We agree on the principle of a UK-wide customs backstop,” he wrote, referring to Britain’s plan to keep the whole of the UK — including Northern Ireland — in the customs union until a final trade deal was in place.

Full article on Financial Times (subscription requried)



© Financial Times


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