Globe, Uncategorized, United Kingdom

Because of Brexit: Possible EU sanction on the UK

A draft paper issued by the EU reveals that they intend to punish the United Kingdom economically because of Brexit.

 

This follows from a draft paper regarding the EU’s negotiating position published on Wednesday, which reveals Brussels’ hard line concerning the Brexit talks.

The EU is proposing – in cases where disputes arise during the transition period for the UK’s exit from the union, from the end of March 2019 until the end of 2020 – a punitive response.

During this phase the United Kingdom will no longer be a member of the EU but will have to comply with legislation and pay contributions in exchange for continuing to enjoy the benefits of the customs union and the common market. This market allows products and services to be traded without having to pay duties.

It is envisaged that disputes over the interpretation of the exit and transition agreements will be settled by the European Court of Justice.

But in cases where this process might be prolonged, Brussels wants to be able to suspend certain benefits enjoyed by the UK in the common market.

This is probably because cases – of which there could be many –  take a long time to process in the European Court of Justice.

The final document still needs London’s approval, based on the political agreements reached in April and December of last year. (PL)

(Translated by Nigel Conibear – DipTrans IoLET MCIL – nigelconibear@gmail.com)Photos: Pixabay

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