Downing Street talks down Brexit deal breakthrough reports

05 November, 2018, 23:20 | Author: Charlene Valdez
  • The low angle of the sun at this time of year is a joy when the weather is bright as this week

According to Irish officials, this point was reaffirmed by Irish prime minister Leo Varadkar during a phone call with Theresa May earlier today.

This would avoid the EU's "backstop" solution of treating Northern Ireland differently from the rest of Britain.

The UK is looking for an agreement based on an improved version of the EU's "equivalence" system of financial market access.

Downing Street has insisted it does not have a deal ready for signoff, in response to reports over the weekend of there being an agreement in the making.

The EU's position to avoid a hard border has been for Northern Ireland to remain within the customs union.

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Earlier on Monday, the Irish deputy prime minister, Simon Coveney, tweeted: "The Irish position remains consistent and v clear⁩ that a "time-limited backstop" or a backstop that could be ended by United Kingdom unilaterally would never be agreed to by IRE or EU".

Source close to European Union negotiator Michel Barnier revealed that a "major concession" had been made on the Irish border during a meeting in London last week that will see regulatory checks on goods carried out at factories and shops rather than being conducted at the border.

Baker said: "If we are going to regulate our own economy, if we are going to have our own independent trade policy, if we are going to be a normal independent country - which is what I understood the referendum result to have decided - then we need to be out of the customs union and we need to get out of the customs union in a timely way".

The PM has secured "private concessions" from Brussels that the whole of the United Kingdom will be allowed to remain in a customs union with the EU after Brexit occurs in March, according to The Sunday Times' political editor Tim Shipman.

"I am extremely confident we will reach an imminent deal", Glen told a financial services conference in London.

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The newspaper also said May is on course to secure an agreement on a "future economic partnership" that would let Britain keep open the prospect of a free trade accord similar to the one Canada has with the EU.

Under the banner headline "Revealed: Theresa May's secret Brexit deal", The Sunday Times said the European Union accepts that regulatory checks on goods can be carried out in factories and shops rather than at the border.

Without such a development, sources suggested the only viable option would be to leave the deal until the leaders' summit in Brussels on 13 December.

"This is the backstop", he added, saying the United Kingdom had agreed that it would apply "unless and until" a close future relationship eliminated any need for Border infrastructure and checks. "That is why we are increasingly positive on the expectation of reaching a deal".

"While we too hope the Northern Ireland backstop will never be required to be used, it will be required to be written down in legal text".

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