Min­is­ter wants smooth tran­si­tion

The Star Early Edition - - INTERNATIONAL - El­iz­a­beth Piper

BRI­TISH trade min­is­ter Liam Fox said yes­ter­day that he backed a tran­si­tion agree­ment to smooth Bri­tain’s de­par­ture from the EU, but it would have to come to an end be­fore the next elec­tion, due in 2022.

Speak­ing on the BBC’s The An­drew Marr Show, Fox said a tran­si­tion deal of two years, or slightly more or less, was nec­es­sary to make sure busi­ness could make in­vest­ment de­ci­sions with cer­tainty of Bri­tain’s fu­ture re­la­tion­ship with the EU.

“I want to leave the EU at the end of March 2019. Once we have done that, we can look to see what we are go­ing to do to make it a smooth tran­si­tion”.

He said plan­ning for a tran­si­tional pe­riod of 24 months “whether that’s 23, whether that’s 25 is not a huge deal” af­ter wait­ing more than 40 years to leave the EU. – Reuters

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.