Brexit reaches ‘decisive moment’ as the EU turns its attention to the future relationship

Brexit reaches 'decisive moment' as the EU turns its attention to the future relationship

In Brussels, Brexit talks have shifted towards one clear route: the longer term relationship.

Ministers for European affairs met on Monday morning to debate the political textual content that can function a tenet to the talks that can start after the U.Ok. leaves the EU in March — these negotiations can be primarily focused at securing new commerce preparations between either side.

The so-called political declaration is because of be revealed Tuesday after which reviewed by the totally different EU capitals earlier than Thursday. The 27 European leaders and U.Ok. Prime Minister Theresa Could are then attributable to log out this political deal on Sunday, once they meet in Brussels.

“We’re at a decisive second on this course of, nobody ought to lose sight of the progress that is been achieved in Brussels and in London,” Michel Barnier, the EU’s chief Brexit negotiator, advised reporters in Brussels on Monday.

“That is now our focus: the (political) declaration will open the door to a negotiation on an formidable financial and strategic partnership sooner or later, as soon as the U.Ok. has left,” Barnier mentioned, making it clear that the transition interval — which is at present inflicting a political storm in Westminster — shouldn’t be the identical as the longer term relationship.

The transition interval refers back to the time after March 29, when the U.Ok. leaves the EU, and is ready to final a minimum of till 2020. Throughout that point, the U.Ok. and the EU will negotiate the second part of the Brexit course of, which incorporates their future commerce hyperlinks.

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