Caspian Energy Journal Caspian European Club
Monday, 26 November 2018 15:00

Theresa May secures a deal that delivers for the British people

Theresa May secures a deal that delivers for the British people

UK Prime Minister Theresa May will tell lawmakers today they face a stark choice - either back the deal she negotiated to leave the European Union or reject it and take Britain “back to square one” with “more division and more uncertainty”, Caspian Energy News ( reports with reference to Reuters.

May secured agreement with the EU on Sunday for a deal that will see Britain leaving the bloc with continued close trade ties, a deal that was dismissed by the opposition Labour Party and other critics, even her allies in Northern Ireland.

The future of the deal, which would deliver Britain’s biggest shift in foreign and trade policy in more than 40 years, now rests with Britain’s parliament, deeply divided over how the country should leave the EU. The odds look stacked against May.

 “This has been a long and complex negotiation. It has required give and take on both sides,” she will tell parliament, according to excerpts of her statement.

  May has pledged to sell the deal to the British public and is warning lawmakers that if they reject it, Britain could face leaving the EU without a deal - something businesses say could hurt the world’s fifth largest economy. The EU has also been clear - there is very little appetite to reopen the Brexit negotiations if parliament votes it down.

May needs to win a simple majority in parliament - 320 votes if all active lawmakers turn out and vote - but former whips, who have long studied parliamentary arithmetic, say the prime minister may end up needing only 305 votes if illnesses and abstentions are accounted for.

More details:

Person in charge of the newsline: Olga Nagiyeva 


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