UK’s post-Brexit plans
LONDON: British Prime Minister Theresa May met with her senior ministers yesterday to begin thrashing out Britain’s plans for a trade deal with the European Union after Brexit.
May met with the Brexit “war cabinet” to discuss what long-term relationship Britain wants with the EU – whether to stay aligned with the EU’s trade rules and maintain close ties with the bloc, or seek more flexibility so Britain could strike its own trade deals around the world.
She was then due to outline her plans for the two-year transition period Britain wants to implement after it leaves the EU in March 2019. May was expected to say Britain wants its current access to European markets unchanged during the transition period.