Brexit transition terms agreed; Irish solution still pending

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Brexit transition terms agreed; Irish solution still pending

At a press conference earlier today, EU negotiator Michel Barnier and UK Brexit minister David Davis announced that the legal text on a 21 month transition period has now been agreed.  This moment marks a significant step in ensuring an orderly exit from the EU.

However there is still one big issue still to be sorted out: the status of the border between Northern Ireland and The Republic of Ireland.

In order to allow progress to continue despite the unresolved Irish question, a ‘backstop’ solution has been agreed.  In short, this requires Northern Ireland to remain in alignment with EU regulations until some other solution is found.

Some key points from the conference and agreement:

  • The transition period ends 31st December 2020.
  • The UK will remain bound by single market rules during the transition period, but will not be part of EU decision making.
  • EU nationals that arrive in the UK during this period will receive the same rights as those already resident.  The same will apply for UK nationals heading to EU countries.
  • The UK will be free to sign new trade deals in this time.
  • The EU will ask third-party countries to treat the UK as a full member during transition.
  • A joint UK-EU committee will be formed to resolve any differences that arise.
  • Formal negotiations on trade between the EU and UK will not begin until after the UK has left.
  • The transition deal is conditional on a final withdrawal agreement.

The last point suggests that if full withdrawal talks fail, the transition agreement is void and the UK will still face a ‘hard’ Brexit come March 2019.

The full draft agreement text can be found here.

By |2018-03-19T15:25:41+00:00March 19th, 2018|Brexit, News|Comments Off on Brexit transition terms agreed; Irish solution still pending

About the Author:

David joined UKCS in April 2016, where he supports the CFSP bureau. David began his career in customs compliance at CEVA (formerly EGL) in 2004. His main areas of competency are CFSP, bonded warehousing, IPR and both import and export procedures. He has managed accounts for clients from a diverse variety of industries, including aerospace, engineering, clothing, food and children's toys. David enjoys watching films, upgrading his PC, and has a keen interest in news and current affairs. He has a BA in Politics from the University of Essex, and is married with five children.