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World U.K. Backs Down on Threat to Break Brexit Divorce Agreement

20:05  07 december  2020
20:05  07 december  2020 Source:   bloomberg.com

Brexit negotiations restart in person as clock ticks down

  Brexit negotiations restart in person as clock ticks down Brexit negotiations restart in person as clock ticks downEU negotiator Michel Barnier arrived for talks in London on Saturday morning. He said on Friday night that he was "very happy" to be back in the city and would keep working with "patience and determination".

France Floats Veto Threat on Brexit Deal as EU Feels Strain. The U . K . has said the Internal Market Bill is necessary because of the need to claw back sovereignty after Brexit and not risk the breakup of the U . K . Under the divorce agreement , which Johnson signed with the EU in November, Northern

Read more: Brexit Talks Resume as Officials Seek to Hammer Out Solution. Key Developments Johnson is ready to walk away from the negotiations within hours unless the EU backs down from Controversial clauses that break the terms of the Withdrawal Agreement struck a year ago by the EU

(Bloomberg) -- Boris Johnson is prepared to back down on his threat to break international law by unilaterally ripping up parts of the Brexit divorce deal he signed with the European Union, the government announced Monday.

a man wearing a suit and tie talking on a cell phone: Boris Johnson, U.K. prime minister, waves as he departs from number 10 Downing Street on his way to Parliament in London, U.K., on Tuesday, Dec. 1, 2020. Boris Johnson is battling to convince his own Conservative Party colleagues to back plans to keep most of England under strict pandemic controls when the national lockdown ends this week. © Bloomberg Boris Johnson, U.K. prime minister, waves as he departs from number 10 Downing Street on his way to Parliament in London, U.K., on Tuesday, Dec. 1, 2020. Boris Johnson is battling to convince his own Conservative Party colleagues to back plans to keep most of England under strict pandemic controls when the national lockdown ends this week.

The plan to retreat on the U.K. Internal Market Bill, first reported by Bloomberg in October, is another sign that the prime minister’s government is trying everything it can to smooth the path to a new post-Brexit trade agreement with the EU.

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31 with withdrawal agreement . Britain’s Brexit saga began after the U . K . referendum in 2016. Officials on both sides say the fight over the divorce deal was the easy part. Over the next 11 months, the U . K . and the European Union will argue over the terms of their future relationship, which could be

Downing Street spokesman Jamie Davies signaled the U . K . had seen progress in some areas of the talks. The negotiations have been complicated by Prime Minister Boris Johnson’s decision to propose legislation rewriting the Brexit divorce agreement he signed less than a year ago, a move that would

Talks in Brussels are at a critical stage with British officials warning there may only be hours left to save a deal. Both sides have said they are far apart on key issues, including fisheries and fair competition rules, and the negotiations could fail.

One of the issues that soured talks earlier in the year was the government’s decision to draft new legislation that would override parts of the Withdrawal Agreement Johnson struck with the EU.

Ministers said the clauses -- in the Internal Market Bill -- were intended as a safety net to prevent a customs border going up between Northern Ireland and mainland Britain if no agreement could be reached on the issue.

The EU threatened legal action against the U.K., saying the legislation would breach the Brexit agreement. But officials have been negotiating in the months since, and on Monday the government confirmed it would be willing to drop the contentious clauses from the legislation if they were no longer needed.

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When asked if Boris Johnson’s government would reinstate legislation “that breaks international law,” the environment The UK’s bitter divorce from the EU draws closer to a possible no-deal Brexit But Cabinet members are apparently doubling down on the controversial piece of legislation, as shown

Britain's plan to press ahead on Monday with legislation that would break an earlier Brexit deal is a "negotiating tactic" which should not distract EU negotiators, Irish Foreign Minister Simon Coveney said on Sunday.

Cabinet Office Minister Michael Gove is holding talks with the EU in Brussels to review the implementation of the Withdrawal Agreement. “Discussions continue to progress and final decisions are expected in the coming days,” the government said in a statement. Ministers would be willing to scrap the contentious clauses “if the solutions being considered in those discussions are agreed,” according to the statement.

The Internal Market Bill would give U.K. ministers powers to determine what goods entering Northern Ireland are at risk of being moved in to the EU and therefore could be subject to tariffs.

The U.K. insists the law will protect its own internal market but has accepted that the clauses do break international law.

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©2020 Bloomberg L.P.

Brexit: here's what you need to know about the UK-EU talks this week .
After years of confusion and ambiguity, the tumultuous Brexit process could really be in its final week, as several loose threads are tied together in the coming days. © Jeff J Mitchell/Getty Images LONDON, ENGLAND - JANUARY 31: Pro Brexit supporters wave placards at Parliament Square as people prepare for Brexit on January 31, 2020 in London, United Kingdom. At 11.00pm on Friday 31st January the UK and Northern Ireland will exit the European Union 188 weeks after the referendum on June 23rd 2016.

usr: 1
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