EU rules out early trade talks with UK in Brexit process

0
32
EU rules out early trade talks with UK in Brexit process

EU rules out early trade talks with UK in Brexit process

EU rules out early trade talks with UK in Brexit process

EU rules out early trade talks with UK in Brexit process. Draft EU guidelines for Brexit rule out starting free trade talks with the UK before “sufficient progress” is made on other issues.

The paper presented by European Council President Donald Tusk will have to be approved by the 27 member states.

Other issues include the status of three million EU citizens in the UK and a million Britons in the EU.

Separately, another top EU official suggested the bloc could manage without the UK in defence and security matters.

The UK formally triggered the Brexit process on Wednesday after calling for simultaneous talks on exit terms and future trade ties.

At a news conference, Mr Tusk said: “Starting parallel talks on all issues at the same time as suggested by some in the UK will not happen.

“Only once we have achieved sufficient progress on the withdrawal can we discuss the framework for our future relationship.”

It is clear the UK will face a tough divorce, the BBC’s Gavin Hewitt says, but there were some hints at flexibility from Mr Tusk.

Talks would be “difficult, complex and sometimes even confrontational”, Mr Tusk predicted, but the EU would not “pursue a punitive approach”.

Media captionBrexit divorce: ‘Conscious uncoupling’ or bitter breakup?

UK Prime Minister Theresa May formally triggered the Brexit process by sending the Article 50 notification letter to Mr Tusk on Wednesday.

The two are to meet in London ahead of an EU summit on Brexit, which will not include her, on 29 April.

So what’s the ‘divorce’ bill?

The draft says the EU’s overall objective is “to preserve its interests, those of its member states, its citizens and its businesses”.

Calling for a “phased approach giving priority to an orderly withdrawal”, it suggests starting with discussions on the separation arrangement. They could then move on to talks about a future trade relationship between the EU and the UK.

The draft raises the issue of what the UK might have to pay to leave the EU, bills earlier estimated to be as much as €60bn (£51bn; $64bn).

In a sign of the bloc’s determination to secure a “divorce bill”, it says that a “single financial settlement should ensure that the Union and the United Kingdom both respect the obligations undertaken before the date of withdrawal”.

More From Top Stories Online

LEAVE A REPLY

Please enter your comment!
Please enter your name here