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EU willing to discuss free-trade deal after 'progress' on final terms of Brexit | |
(35 minutes later) | |
The European Union is ready to talk to Britain on a future free-trade deal before the two sides agree final terms on Brexit, draft EU negotiating guidelines issued on Friday show, but only after considerable progress is made on the divorce deal. | |
As part of a “phased approach”, agreement on its withdrawal settlement in a first phase of negotiations would allow EU states to launch trade talks in a second phase. | |
The draft circulated by the European council president, Donald Tusk, also says the UK must accept EU rules, including budget contributions and judicial oversight in a transition period likely to follow Britain’s departure in 2019 and before a free-trade pact can be finalised. | The draft circulated by the European council president, Donald Tusk, also says the UK must accept EU rules, including budget contributions and judicial oversight in a transition period likely to follow Britain’s departure in 2019 and before a free-trade pact can be finalised. |
If Britain remains a part of the EU single market for a time after Brexit, it would also have to respect all “four freedoms”, which would mean accepting free immigration from the continent. | If Britain remains a part of the EU single market for a time after Brexit, it would also have to respect all “four freedoms”, which would mean accepting free immigration from the continent. |
The draft guidelines, distributed to the 27 other governments in the bloc on Friday, may be revised over the next month before being endorsed by the leaders at a summit on 29 April. | The draft guidelines, distributed to the 27 other governments in the bloc on Friday, may be revised over the next month before being endorsed by the leaders at a summit on 29 April. |
More to follow… |