Plan for Brexit fail­ure

Daily Nation (Barbados) - - One World -

THE EURO­PEAN UNION’S CHIEF NE­GO­TIA­TOR, Michel Barnier, says he is plan­ning for the pos­si­ble col­lapse of Brexit ne­go­ti­a­tions with Bri­tain.

Barnier was talk­ing to French news­pa­per Le Jour­nal du Di­manche days af­ter giv­ing the UK a two-week dead­line to clar­ify key is­sues.

Fail­ing to reach an agree­ment was not his pre­ferred op­tion, he stressed.

The UK’S Brexit Sec­re­tary David Davis has said it is time for both sides “to work to find so­lu­tions”.

On Fri­day, Davis in­sisted good progress was be­ing made across the board, and that the ne­go­ti­a­tions had nar­rowed to a “few out­stand­ing, al­beit im­por­tant, is­sues”.

Dis­cussing the like­li­hood of the talks col­laps­ing, Barnier said: “It’s not my op­tion, but it’s a pos­si­bil­ity. Ev­ery­one needs to plan for it, mem­ber states and busi­nesses alike. We too are pre­par­ing for it tech­ni­cally.

“A fail­ure of the ne­go­ti­a­tions would have con­se­quences on mul­ti­ple do­mains.”

Barnier has asked the UK to clar­ify its stance on its fi­nan­cial obli­ga­tions to the EU if fu­ture trade talks are to go ahead in De­cem­ber.

But Davis has made con­flict­ing re­marks, sug­gest­ing Bri­tain would not have to give a fig­ure for a fi­nan­cial set­tle­ment be­fore it could move on to talks about a fu­ture trad­ing re­la­tion­ship. (BBC)

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