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EP Document Pairs Market Access with ECJ Authority
April 24, 2018
The European Parliament (EP) recently adopted a resolution asserting that any "deep and comprehensive" future trade deal between the EU and the UK must include "a binding interpretation role" for the Court of Justice of the EU (ECJ) and proposing an "association agreement" with the UK that could provide broad market access between the jurisdictions.
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EU Officials Green-light UK Trade Talks During Transition
April 24, 2018
The Express reports that, in a recent round of UK-EU negotiations over Britain's withdrawal from the EU and future trade between the jurisdictions, EU officials agreed to permit Britain to sign - but not implement - trade deals with other countries during a post-Brexit transition period when the UK would still be bound by EU regulations.
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EU Softens Stance on Post-Brexit Fishing, Security Measures
April 24, 2018
The Sun reports that EU officials, in draft negotiating guidelines, recently softened their stance on access of EU fishing vessels to UK waters after Brexit and the ability of Britain to participate in European security measures during the post-Brexit transition period.
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UK Body Forecasts Long-term Brexit Bill Payment
April 23, 2018
Politico reports that the UK Office for Budget Responsibility has determined that Britain's tentatively agreed budget payments to the EU following its departure from the bloc would take the form of £37.1 billion in payments over the next 45 years - with most payments coming due before the year 2028.
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Barnier Rejects UK Approach to Post-Brexit Trade Deal
April 23, 2018
Bloomberg reports that the European Commission's chief Brexit negotiator Michel Barnier has rejected the major points of UK Prime Minister Theresa May's plan for a UK-EU trade deal after Brexit, indicating the EU needs legal commitments from Britain to maintain EU regulatory standards in all areas to secure a wide-ranging trade agreement.
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