: :inin Kyiv (EET)

Post-Brexit trade deal “could be done more quickly” than CETA but Britain will face £50bn “exit bill” in Article 50 negotiations, says EU Brexit negotiator

Post-Brexit trade deal “could be done more quickly” than CETA but Britain will face £50bn “exit bill” in Article 50 negotiations, says EU Brexit negotiatorAccording to private minutes obtained by The Daily Telegraph, Michel Barnier, the European Commission’s chief Brexit negotiator, said a post-Brexit trade deal “could be done more quickly” than the EU-Canada trade deal (CETA), which took seven years and still requires ratification. Barnier added that a “political agreement” between the UK and EU could be settled during the two-year limit provided by Article 50, which would then be followed by negotiations for a CETA-style deal. A Downing …read more

Source: Open Europe

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