Connect with us
Advertise With Us

NEWS

Theresa May Says Brexit Talks Reaching Their Endgame, Issues Remain

Published

on


British Prime Minister Theresa May said on Monday that there were still considerable unresolved issues with the European Union over Brexit as the two sides approached the “endgame” in negotiations for departure from the bloc.

May’s compromise plan, which seeks to maintain close trade ties with the EU in the future, is facing opposition from Brexiteers, pro-Europeans, the Northern Irish party that props up her government, and even some of her own ministers.

“The negotiations for our departure are now in the endgame,” May said in a speech at the Guildhall in London’s financial district. “We are working extremely hard, through the night, to make progress on the remaining issues in the Withdrawal Agreement, which are significant.”

With under five months until Britain leaves the EU, talks have stalled over a disagreement on the so-called Northern Irish backstop, an insurance policy to ensure there will be no return to a hard border on the island of Ireland if a future trading relationship is not agreed in time.

May’s attempt to unblock the talks by considering an extension to a status-quo transition period beyond the current proposed end date of December 2021 has both angered eurosceptics and EU supporters in her party.

Fears that the proposals would mean keeping Britain inside the EU’s customs union indefinitely or that Northern Ireland would have to accept different rules and regulations to the rest of the United Kingdom have focused opposition to May’s deal.

Negotiations are continuing this week, but officials are warning unless there is dramatic progress by the end of Wednesday there is unlikely to be a summit this month to approve a Brexit deal.

Brexit talks with the EU ran through Sunday night until 0245 and resumed on Monday morning.

Both sides need an agreement to keep trade flowing between the world’s biggest trading bloc and the fifth largest national economy.

 



Copyright LEADERSHIP.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: editor@leadership.ng







MOST POPULAR