UK passes crucial Brexit milestone, paving the way for trade talks

U.K. and European negotiators finally agreed on three key conditions that were blocking Brexit talks, paving the way for the next phase of discussion between your two sides.

“We have now made the breakthrough we desired,” European Commission President Jean-Claude Juncker informed reporters in Brussels on Friday morning.

After half a year of intense talks, funds has been reached how substantially the U.K. can pay ahead of it leaves the Union, on citizens’ rights and on the Irish border. Negotiators are now set to move to period two of Brexit – discussing trade arrangements.

“We worked extremely hard this week,” U.K. Prime Minister Theresa Might said Fri, speaking alongside Juncker. She added that there had been a lot of “give and have” form both sides.

After overnight talks and an early on flight to the Belgian capital, May detailed the agreement. She explained the rights of 3 million European citizens in the U.K. were assured and that the fiscal settlement will be “fair to the Uk taxpayer.” As well, she added that there will be “no hard border” between Northern Ireland and the Republic of Ireland.

Agreeing on these three issues was seen simply by many as the hardest portion of the U.K.’s departure from the European Union. European leaders are now place to approve the latest joint package on Thursday at a summit in Brussels. However, the procedure is definately not concluded.

“We still have a lot of work to accomplish,” Juncker explained, “the joint report is not the withdrawal arrangement,” he described.

The EU and the U.K. have but to agree on a future trade deal, aswell as on a practical transition period ahead of any future romantic relationship officially begins.

There were fears that carrying out a month or two of delay in the negotiations, the procedure of the U.K.’s departure from the EU could possibly be at risk. The united states is set to leave the Union on March 29, 2019 – meaning that negotiators have a couple of months to chat trade before the package is sent through the many measures of European lawmaking and permitted in time.

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