Published: Fri, February 22, 2019
Markets | By Erika Turner

Brexit: Bristish minister hopeful deal can be done

Brexit: Bristish minister hopeful deal can be done

The Brexit deal Prime Minister Theresa May is struggling to get through Parliament includes a 21-month transition in which European Union trading arrangements would be little-changed, though it's still up to partner countries - including Japan and South Korea - to decide whether they want to roll over their agreements with the European Union to the United Kingdom, which will technically have left the bloc.

Hammond said May's talks with Juncker, had gone well and that the sides were talking about giving some guarantees that the backstop could only be a "temporary arrangement".

Last night senior diplomats in Brussels said it was possible the EU Commission could accept additions being made to the withdrawal agreement, but that they would not include a time limit on the backstop.

Under the current agreement the backstop would see the whole of the United Kingdom remain in a customs union with the EU and Northern Ireland following some single market rules until a wider trade deal is agreed, in order to prevent the need for checkpoints on the Irish border.

"Together with Prime Minister May we have prepared a very good and secure deal for both sides and it turned out that the British rejected it and offered nothing in exchange", Mr Tusk said.

The department also said the United Kingdom is unlikely to imitate the EU's Algeria deal before the deadline.

European Union and United Kingdom sources said London could accept other guarantees on the backstop and the bloc is proposing turning the assurances and clarifications it has already given Britain on the issue in December and January into legally binding documents. He told Today: "We are determined to get a deal".

Britain's foreign secretary says London needs a change "of legal significance" to the wording of arrangements meant to ensure that the U.K. -Ireland border stays open after Brexit, but isn't specifying how that might be achieved.

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Now you can read the Jamaica Observer ePaper anytime, anywhere. "Brexit is the past, it is not the future", he said.

Fox predicted in 2017 that the United Kingdom would be able to replicate up to 40 European Union deals - accounting for around 11% of the UK's trade - ready for "a second after midnight" on Brexit day.

"I don't think it's the mechanism that matters, it's the objective", he told the BBC's Andrew Marr.

He said he would repeat previous attempts to seek parliamentary approval for a course of action which kept alive all options - including a second referendum on leaving the EU.

The latest round of talks between Mrs May and Mr Juncker appeared more positive than their previous efforts - although no significant progress was made.

May will have a further chance to lobby EU leaders at the weekend in the Egyptian resort of Sharm el-Sheikh during an EU-Arab League summit focused on migration, trade and security.

Attorney General Geoffrey Cox and Brexit Secretary Steve Barclay are also in Brussels on Wednesday for technical talks on the contentious backstop.

"If a no-deal would happen - and I can't exclude this - this would have awful economic and social consequences, both in Britain and on the continent, and so my efforts orient in a way that the worst can be avoided". "Each time that the prime minister expresses her wish to come we will always be happy to listen to her and see what she has to say", the Commission chief said. The department said in an emailed statement that it's still "seeking continuity for existing free trade agreements".

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