Reuters: EU's Barnier warns Britain post-Brexit transition 'not a given'9 February 2018 | 18:49 | FOCUS News Agency
The EU negotiator’s stark message, which weakened sterling, came after EU diplomats and officials warned in recent days that sticking points in the talks were threatening the whole Brexit schedule.
Speaking to journalists in Brussels after the latest round of Brexit talks, Barnier listed Britain’s issues with the status-quo transition the EU has offered until the end of 2020.
It envisages London will remain bound by all EU laws and pay into the bloc’s budget but have no say in decisions. London has said it wants to reach a deal on transition in March.
“If these differences persist, a transition is not a given,” Barnier said. “If these disagreements were to persist, there will undoubtedly be a problem.”
He said Britain rejects giving lifetime rights to EU citizens who arrive after Brexit but before 2021, demands mechanisms to avoid any new EU laws it dislikes, and opposes a clause to unilaterally suspend Britain’s access to the single market in case of disputes.
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