{"id":61136,"date":"2018-01-30T11:20:59","date_gmt":"2018-01-30T11:20:59","guid":{"rendered":"http:\/\/www.bnreport.com\/eu27-sets-up-barnier-for-brexit-talks-part-2\/"},"modified":"2018-01-30T11:20:59","modified_gmt":"2018-01-30T11:20:59","slug":"eu27-sets-up-barnier-for-brexit-talks-part-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/eu27-sets-up-barnier-for-brexit-talks-part-2\/","title":{"rendered":"EU27 sets up Barnier for Brexit talks part 2"},"content":{"rendered":"<p>EU ministers on the General Affairs Council formally adopted <a href=\"http:\/\/www.consilium.europa.eu\/\/media\/32504\/xt21004-ad01re02en18.pdf\" rel=\"noreferrer\" target=\"_blank\">draft directives for negotiations on a Brexit transition<\/a> period Monday following a discussion lasting less than two minutes.<\/p>\n<p>The directives are EU chief Brexit negotiator Michel Barnier\u2019s instructions for the next part of the Brexit talks. <a href=\"https:\/\/twitter.com\/WeyandSabine\/status\/957972235880460288\" rel=\"noreferrer\" target=\"_blank\">In a tweet<\/a>, his deputy Sabine Weyand summed up the guidelines as: \u201cstatus quo transition without institutional representation, lasting from Brexit date to 31 December 2020.\u201d<\/p>\n<p>Bulgarian Deputy Prime Minister Ekaterina Zaharieva said: \u201cEU ministers have given a clear mandate to the Commission on what is the type of transition period that we envisage: full EU <em>acquis<\/em> to be applied in the U.K. and no participation in the EU institutions and decision-making. The 27 adopted the text speedily today and we hope an agreement on this with the U.K. can also be closed swiftly.\u201d<\/p>\n<p>The EU position laid out in the directives calls for:<\/p>\n<p>\u2014 A time-limited transition of 21 months ending on December 31, 2020.<\/p>\n<p>\u2014 The U.K. to accept the whole of the EU <em>acquis<\/em> \u2014 the body of EU law \u2014 including any changes made during the transition period.<\/p>\n<p>\u2014 The U.K. to remain within the customs union and single market \u2014 including the four freedoms.<\/p>\n<p>\u2014 The U.K. to remain bound by obligations stemming from EU free-trade deals and other international agreements.<\/p>\n<p>\u2014 The U.K. to lose its participation in the institutions and decision-making of the EU. It may be invited to attend some meetings as an observer in exceptional cases, but without voting rights.<\/p>\n<p>The general form of a status quo transition is accepted by the U.K., but there is still scope for a disagreement \u2014 payments to extend beyond December 2020 (if the U.K. wants or needs this), trade deals with third countries and citizens rights are all issues that could cause problems. Most contentious is U.K. Brexit Secretary David Davis\u2019 demand that the U.K. be able to influence new EU rules coming Britain\u2019s way during the transition period.<!--more--><\/p>\n<p><a href=\"https:\/\/www.politico.eu\/article\/david-davis-demands-uk-say-on-eu-rules-during-brexit-transition\/\" rel=\"noreferrer\" target=\"_blank\">In a speech Friday<\/a> he said: \u201cWe will have to agree a way of resolving concerns if laws are deemed to run contrary to our interests and we have not had our say and we will agree an appropriate process for this temporary period \u2026 It\u2019s very, very important. If there are new laws that affect us, we have the means to resolve any issues during that period.\u201d That is likely to prove highly contentious in Brussels.<\/p>\n<p>He <a href=\"https:\/\/www.politico.eu\/pro\/david-davis-expects-brexit-transition-of-between-21-and-27-months\/\" rel=\"noreferrer\" target=\"_blank\">told MPs last week<\/a> that he expects the transition period to last between 21 and 27 months. Both sides hope to come to an agreement on a transition period by the European Council summit in late March.<\/p>\n<p><a href=\"https:\/\/www.politico.eu\/article\/michel-barnier-eu27-directives-for-brexit-transition-adopted\/?utm_source=RSS_Feed&amp;utm_medium=RSS&amp;utm_campaign=RSS_Syndication\" rel=\"noreferrer\" target=\"_blank\">Original Article<\/a><\/p>\n<p> [contf] [contfnew]         <img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcRMd3Tz2gX9xSa6CJyaOj2dokBVcrdaT4yY3R3RI7YmL18vCLZZ\"\/> <\/p>\n<h5><a href=\"http:\/\/www.politico.com\/&gt;Politico&lt;\/a&gt;&lt;\/h5&gt;_&lt;\/p&gt;[contfnewc]_[contfnewc]_&lt;\/body&gt;&lt;\/html&gt;\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>EU ministers on the General Affairs Council formally adopted draft directives for negotiations on a ..<\/p>\n","protected":false},"author":1,"featured_media":61137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-61136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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