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May ready for tough talks over Brexit

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rooster59    2,231

May ready for tough talks over Brexit

 

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Theresa May has warned Britain’s negotiations to leave the EU will take some time.

 

The UK prime minister says she is ready for some “difficult moments”, but will fight to remain part of the bloc’s single market.

 

It was May’s first European Council since becoming prime minister after the UK voted to leave the EU in June.

 

She made it clear that she hoped some of the most complicated talks London has ever undertaken will be held in a constructive manner.

 

“Obviously, we have got negotiations ahead of ourselves. Those negotiations will take time, as I say, there will be some difficult moments, we are going to need some give and take,” May told a press conference.

 

A hard Brexit?

 

 

Having earlier provoked concern among stakeholders that she was heading for a “hard Brexit”, May moved to ease concerns.

She said she wanted the best trade deal possible.

 

A so-called “hard Brexit” would mean a clear break with the single market to control immigration.

 

“We are not looking to adopt another model that somebody else has in relation to their trade with the European Union,” May said. “What we want is to develop what is a new relationship for the UK with the EU,” she continued, outlining her aim for a bespoke deal.

 

“We want to have the best possible deal for trade in goods and services with, and operation within, the single European market.”

The timeline

Once May gives formal notice that Britain is leaving – by March, she has said – the EU Council will meet at 27, minus May, to set negotiating guidelines for the Commission.

 

Donald Tusk will be arbiter of what deal Britain is offered, but the Council has less than a tenth of the Commission’s 33,000 staff to work on the details.

Saving sterling

 

Sterling fell on fears that Britain was heading for a “hard Brexit”.

 

May, and some of her more eurosceptic ministers, have worked hard to reassure business and EU leaders that her policies will not hurt the economy.

What is the single market?

Envisioned as a single territory without any internal borders or regulatory obstacles to the free movement of goods and services, the EU single market accounts for:

  • 500 million customers
  • 21 million small and medium-sized businesses

CETA in trouble?

Theresa May’s comments come amid reports that a landmark trade deal between the EU and Canada has collapsed.

 

The Commercial and Economic Trade Agreement – CETA for short – would remove tariffs from the sale of many goods between the 28 EU member states and Canada.

 

Some are watching the negotiations closely, seeing it as a precursor to the UK’s Brexit negotiations.

 

 

 
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-- © Copyright Euronews 2016-10-22

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SheungWan    2,946
2 hours ago, Srikcir said:

 

The leading FX websites are and will be a pretty good way of cutting through all the surrounding noise. The tension inside the Conservative Government appears to be revolving around the pro- and anti-strategy towards access to the single market. The stress is that access to the market will have to be 'paid' for and if that is the case then monies anticipated to be 'coming home' as a result of Brexit, do not materialise for those anticipating them. There are essentially 4 parties in these negotiations: The official UK government, the Hard Brexit ministers, the EU and the state of sterling.

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Grouse    4,093

This is an intelligent start!

 

Let's hope contributors keep to the point this time.

 

It would be useful to discuss the finer points.

 

I feel Sterling is being supported as a result of May's change of tone. Issue for me is has she actually been converted to a "sensible" exit strategy?

 

As far as the Walloons are concerned, does anyone know what their real concerns are? Seems very late in the day.

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Jingthing    34,210
2 minutes ago, kevkev1888 said:

 

We took our opportunity. America should take it's opportunity now also. 

Warning heard loud and clear ... so don't bet on it, dude. 

Edited by Jingthing

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Grouse    4,093
3 hours ago, fabphil said:

Just get on with it and get it done, get far away from EU as possible

 

 

We just had one thread shut down because it was hijacked by stupidity. This thread will have sensible discussion of the actual issues. If you can't contribute sensibly, please leave us alone. Thank you.

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Grouse    4,093
5 minutes ago, kevkev1888 said:

 

We took our opportunity. America should take it's opportunity now also. 

 

And again

 

Clearly you did not read the posted article.

 

Either provide useful contributions or leave. Thank you

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kevkev1888    695

The fact is this is a long term thing. No one knows the final outcomes.

 

You can go on and on discussing the if buts and maybes.

 

5-10 years we will know the answer.  

 

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Grouse    4,093
9 minutes ago, kevkev1888 said:

The fact is this is a long term thing. No one knows the final outcomes.

 

You can go on and on discussing the if buts and maybes.

 

5-10 years we will know the answer.  

 

 

True, but we should be negotiating wisely for the benefit of all. Looks to me that May has moved from the primacy of migration to the primacy of the economy. That's a major breakthrough IMHO. Her earlier arrogant stance just won her a cold shoulder.

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