Three Reasons the EU Will Reject the ‘Brexit War Cabinet’ Proposal
Reports of the meeting of the ‘Brexit War Cabinet’ convened by Theresa May, the British prime minister, at Chequers last week, suggest that an agreement of sorts has been reached on the UK government’s guidelines for a transition and a future trade deal with the EU. But though the Cabinet is united over the reported plan, all indications are that it will not be acceptable to the EU.
It has been suggested that the prime minister will propose, in a speech on Friday, a comprehensive free trade agreement (FTA) composed of ‘three baskets’: areas where the UK and EU would remain fully aligned; areas where the UK and EU would remain broadly aligned or seek similar outcomes through different means; and finally, areas where the UK and EU would diverge entirely.… Seguir leyendo »