Caspian Energy Journal Caspian European Club
Tuesday, 23 October 2018 15:00

95% of Brexit deal is done, Theresa May

95% of Brexit deal is done, Theresa May

Theresa May has told the Commons on Monday she is prepared to “explore every possible option” to break the deadlock in Brexit talks. She told MPs 95% of the terms of exit were agreed but the Irish border was still a “considerable sticking point”, Caspian Energy News ( reports with reference to BBC.

While willing to consider extending the UK's transition period beyond 2020, she said this was “undesirable” and would have to end “well before” May 2022.

Hopes of reaching agreement on the terms of the UK's exit by the end of the year have been held up by a lack of a solution to the Irish border issue.

At last week's EU summit, European leaders refused to sign off plans for a special Brexit meeting in November to seal the withdrawal agreement, saying insufficient progress had been made.

But updating MPs, Theresa May insisted the process was moving in the right direction.

Theresa May told MPs that the UK should be able to make a “sovereign choice” in December 2020 between extending the transition period for a short period or invoking the backstop - which would see the whole of the UK stay in a temporary, time-limited customs arrangement with the EU.

“But in any such scenario we would have to be out of this implementation period well before the end of this parliament,” she added.

More details:

Person in charge of the newsline: Olga Nagiyeva 


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