Caspian Energy Journal Caspian European Club
Thursday, 13 September 2018 17:15

Great Britain and EU continue dispute about BREXIT terms

Great Britain and EU continue dispute about BREXIT terms

The EU has been warned Britain will not pay its divorce settlement if an agreement is not struck between the two parties, Caspian Energy News ( reports with reference to the British TV news channel Sky News.

Brexit Secretary Dominic Raab has said Britain will not pay its £39bn EU divorce bill if Brussels refuses to strike a deal.

Writing in The Daily Telegraph, Dominic Raab insisted the government "would not pay the terms of the financial settlement" if an agreement with the bloc was not reached.

He called on "our EU friends" to match "the ambition and pragmatism" shown by the UK during the negotiations so far, adding that there would be "no deal without the whole deal".

Dominic Raab, who will hold talks with EU chief negotiator Michel Barnier in Brussels on Friday, said in his column: "Getting a deal with the EU is still by far and away the most likely outcome, and I will continue to champion our Chequers proposals with Michel Barnier as the best way of securing the deep and special partnership we want with the EU."

It bears reminding that the three main disputable items are: the sum of the compensation which London should pay for the withdrawal from the EU, the future rights of 3.2 million citizens of the EU, living in the UK, and the openness of the border of Great Britain with Ireland.

 Brexit implies that the North Albion interrupts political and economic  relations with the EU countries –the level on which they were before the withdrawal from the EU. In particular, the current trade relations in gas will be put in doubt – which earlier uninterruptedly met the demands of Great Britian in the coldest months of the year.

In case if no agreements are reached on Brexit, the country’s withdrawal from the EU will take place automatically till March 29, 2019. 

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