What next?

The Week - - News -

Bri­tish and EU ne­go­tia­tors are due to meet next month to agree the terms of the tran­si­tion/“im­ple­men­ta­tion” pe­riod. The EU con­firmed this week that it wants that pe­riod to end no later than the last day of 2020, which would co­in­cide with the end of the EU’S seven-year bud­get. It ex­pects the UK to re­main bound by all EU rules, in­clud­ing new ones, dur­ing that time, although it will of­fer Bri­tain a non-vot­ing place at meet­ings that deal with cer­tain is­sues, and will set up spe­cial ar­range­ments for a UK role in set­ting an­nual EU fish­ing quo­tas.

The next key mo­ment will be an EU sum­mit in March, when EU lead­ers are due to sign off their “red lines” for the sub­se­quent trade talks.

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