United Kingdom and European Union agree Brexit transition deal

United Kingdom and European Union agree Brexit transition deal

The transition accord was announced Monday at a news conference in Brussels by David Davis, Britain's main negotiator, and his European Union counterpart, Michel Barnier, who described it as a "decisive step" toward an orderly withdrawal, or Brexit.

During that period, Britain "will no longer participate in the European Union decision-making process", Barnier said. Britain says an EU-UK free trade deal to be sealed by 2021 can do that.

"Nevertheless, it will preserve the benefits, the advantages of the single market and the customs union... and will therefore be required to respect all the European rules just like all member states do".

Burning the midnight oil for many days, negotiators from both sides of the English Channel agreed on Monday on a "large part" of a transitional agreement of Brexit, paving the way for Britain's orderly withdrawal from the European Union (EU).

While both sides welcomed the agreement in principle, there remain a number of issues that are still up for discussion, including the Irish border - though, for now, the so-called "backstop solution" - which includes full regulatory alignment with the European Union - must form part of the legal text of withdrawal agreement.

More news: Palestinian forced to demolish home in Jerusalem

"A joint legal text which constitutes in my mind a decisive step because we were able this morning to agree, and after all those days and nights of hard work, on a large part of what will make up an global agreement for the ordered withdrawal of the United Kingdom".

Alongside him, British envoy David Davis said the progress made is a "significant step" toward a final deal.

Labour leader Brendan Howlin TD urged vigilance on the agreement, saying the deal on the transition period provided no clarity around how a hard border would be avoided.

"We agree on the need to include legal text detailing the "backstop" solution for the border", Davis told a news conference with Barnier.

The EU is concerned a "hard border" between Ireland and Northern Ireland, believing it could jeopardize the 1998 peace accord that ended decades of sectarian violence in the United Kingdom province.

More news: Patrick's Day parades draw crowds in Oklahoma City

Markets rallied after the announcement, The Financial Times reported, "with sterling climbing above $1.40 against the dollar to reach its highest level in three weeks".

One sticking point that could unravel the agreement is the issue of the border between the Republic of Ireland, which is, and will remain a part of the European Union and Northern Ireland, which is part of the UK.

"I'm glad to see that terms have been agreed on transition but we should remember that this is a contract that's been written but not signed", Stewart said.

Ms May, who depends on Northern Irish votes for her slender parliamentary majority, said no British prime minister could ever agree to such an isolation of the province from the mainland.

More news: Spurs sweat over Kane amid reports of lengthy absence

Related Articles

  • Male birth control pill could be around the corner

    Male birth control pill could be around the corner

    This is why another male contraceptive just straight up blocks sperm ; it only takes one to cause pregnancy, after all. Dr Page said longer term studies are now underway to confirm that when taken every day, DMAU blocks sperm production .
    Republican Senator Expects Trump To Pull Out Of Iran Deal

    Republican Senator Expects Trump To Pull Out Of Iran Deal

    Tillerson and Trump did not know each other prior to the 2016 election, and it seems Tillerson never gained the president's trust. If the president trashes the nuclear deal, Iran will likely restart its nuclear program, as it has already stated.
    Labour MPs back PM´s response on Salisbury attack

    Labour MPs back PM´s response on Salisbury attack

    He also suggested that the nerve agent attack could have been carried out by Russian-linked gangsters rather than ordered by Moscow .
  • Michigan Miracle, Wolverine freshman nails buzzer beater to end Houston's season

    Michigan Miracle, Wolverine freshman nails buzzer beater to end Houston's season

    As Michigan celebrated, the referees went to the scorer's table to review the play and ensure that Poole had got it off in time. Davis again pulled down a defensive rebound and was fouled, but he missed both of his free throws with 3.9 seconds to go.
    Dovizioso edges Marquez by 0.027s to win Qatar GP

    Dovizioso edges Marquez by 0.027s to win Qatar GP

    Polesitter Zarco took the holeshot to comfortably lead the first 18 laps despite brief attempts by Marc Marquez and Valentino Rossi to take over at the front.
    Wigan Athletic vs. Southampton (FA Cup): Opposition threat

    Wigan Athletic vs. Southampton (FA Cup): Opposition threat

    Nathan Byrne linked up with Will Grigg after 14 minutes but the Northern Ireland worldwide dragged his shot wide from close range. Mark Hughes thinks the form of Nathan Redmond could determine whether he leads Southampton to survival.
  • White House: 'No Immediate Personnel Changes at This Time'

    White House: 'No Immediate Personnel Changes at This Time'

    In private conversations in recent weeks with aides and friends, Trump has reflected on his desire to reshape the administration. Ambassador to the United Nations John Bolton and Keith Kellogg, the chief of staff of the National Security Council.
    Blue Ivy Carter bids at art auction

    Blue Ivy Carter bids at art auction

    The gala honored Beyoncé for her humanitarian work, and she gave an emotional speech as she accepted the award. The duo rocked matching gowns that slayed the "From WACO to Wakanda" theme.
    Marcus Smart: Expected to return in 6-to-8 weeks

    Marcus Smart: Expected to return in 6-to-8 weeks

    Boston Celtics guard Marcus Smart will reportedly undergo surgery Friday to fix a torn ligament in his right thumb. He'd previously lacerated his hand in a separate incident, after he struck a glass picture frame in his hotel room.
  • Nerve agent row: Russian Federation  expels 23 British diplomats amid increasing tensions

    Nerve agent row: Russian Federation expels 23 British diplomats amid increasing tensions

    Salisbury District Hospital has also assessed 46 people who came forward expressing health concerns but they were not admitted. She said the expulsion is a reflection that this is not the only time Russian Federation has acted against the U.K.
    Celebrations of St. Patrick's Day around the country

    Celebrations of St. Patrick's Day around the country

    This year, at least two groups in the parade had banners identifying marchers as gay, lesbian, bisexual or transgender. They were both filled with joy as they watched the street parade all wrapped up in preparation for the apparent snow.
    Miami bridge collapse death toll rises to 9

    Miami bridge collapse death toll rises to 9

    But in ABC projects like the FIU span, the loss of the extra support from the main tower during construction is a risk, he said. The bridge connected the university campus to the small suburban city of Sweetwater, where many students and faculty live.