Sunday 22 July 2018

Five Brexit developments in the last 24 hours that you need to know about

Brexit Secretary David Davis
Brexit Secretary David Davis
Colm Kelpie

Colm Kelpie

There has been a number of developments in the past 24 hours on Brexit, below are five key developments which you should be aware of.

1. The UK says it is seeking an interim deal with the EU post Brexit in which it retains "close association" with the customs union to smooth the way for a new trading arrangement, in the first of a series of position papers.

That new arrangement could either be a "highly streamlined" customs agreement in which the UK would manage a new customs border with the EU and tariffs would be reduced or removed. Or it could be a new customs partnership that would avoid the need for a customs border.

2. Britain's Department for Exiting the European Union said the UK's goal was to secure as frictionless trade as possible with the EU alongside the ability to forge trade deals around the world, and avoid a hard Border between Northern Ireland and the Republic.

3. Brexit Secretary David Davis said any transition deal should be over by the date of the next UK general election in 2022, but is likely to last for about two years.

4. A position paper is due to be published tomorrow by the UK government on Anglo- Irish relations which suggests the two countries could adopt a 'Schengen area'. It is expected that a "light-touch customs regime" is to be proposed by the British government.

5. Brexit Secretary David Davis said the UK will not have agreed a figure with the EU for its so called Brexit divorce bill by October. The EU wants agreement on how the exit bill will be calculated before talks can move on to the future relationship between the UK and EU.

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