FTSE 100 up, metal miners drive gains    Egypt's c. bank offers EGP 4b in fixed coupon t-bonds    China blocks trade with US defence firms    Japanese companies agree to raise wages 5.58%    Egyptian, Chinese transport officials discuss bilateral cooperation    Government committed to facilitate easy financing for private sector: Finance Minister    Health Ministry adopts rapid measures to implement comprehensive health insurance: Abdel Ghaffar    Rafah crossing closure: Over 11k injured await vital treatment amidst humanitarian crisis in Gaza    Nouran Gohar, Diego Elias win at CIB World Squash Championship    Coppola's 'Megalopolis': A 40-Year Dream Unveiled at Cannes    World Bank assesses Cairo's major waste management project    Russian refinery halts operations amid attacks    Partnership between HDB, Baheya Foundation: Commitment to empowering women    NBE, CIB receive awards at EBRD Annual Meetings    Venezuela's Maduro imposes 9% tax for pensions    Health Minister emphasises state's commitment to developing nursing sector    20 Israeli soldiers killed in resistance operations: Hamas spokesperson    Sudan aid talks stall as army, SPLM-N clash over scope    K-Movement Culture Week: Decade of Korean cultural exchange in Egypt celebrated with dance, music, and art    Empower Her Art Forum 2024: Bridging creative minds at National Museum of Egyptian Civilization    Niger restricts Benin's cargo transport through togo amidst tensions    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Second round of Brexit talks start in Brussels with 20 months to go
Published in Amwal Al Ghad on 17 - 07 - 2017

Brexit Secretary David Davis launches a new round of negotiations on Britain's withdrawal from the European Union on Monday when he meets the EU's Michel Barnier for four days of talks between their teams in Brussels.
A month after a first meeting where the two exchanged gifts inspired by a shared passion for hillwalking and spoke of the mountain of complexity they must climb, the Frenchman will press Davis to agree to Britain covering substantial British financial commitments and offer more detail on other British proposals.
With little more than a year to settle divorce terms before Britain leaves, deal or no deal, on March 30, 2019, the 27 other EU national leaders want British Prime Minister Theresa May to rally her divided nation swiftly behind a clear, detailed plan that can minimize economic and social disruption across Europe as its second biggest economy cuts loose from the continent.
Davis and Barnier will shake hands for the cameras at the European Commission's Berlaymont headquarters at 9:15 a.m. (0715 GMT) before a first full session of talks.
"We made a good start last month, and this week we'll be getting into the real substance," Davis said in remarks prepared for delivery ahead of the meeting. "Protecting the rights of all our citizens is the priority for me going into this round and I'm clear that it's something we must make real progress on."
His office described an offer made by Britain last month as "fair and serious", though Barnier has dismissed it as falling short of the EU demand that its 3 million citizens in Britain keep all their existing rights for life and have recourse to the EU courts to enforce those rights even after Britain has left.
Priorities
Negotiators will break into groups discussing four key areas of priorities before a planned news conference on Thursday.
Barnier, who secured Davis's consent last month to the EU's broad structure for talks, wants to hold the Englishman publicly to whatever else has been agreed during the week, EU officials say.
Working groups will focus on three areas: citizens' rights; the EU demand that Britain pays some 60 billion euros ($70 billion) to cover ongoing EU budget commitments; and other loose ends, such as what happens to British goods in EU shops on Brexit Day.
A fourth set of talks, run by Davis and Barnier's deputies Oliver Robbins and Sabine Weyand, will focus on curbing problems in Northern Ireland once a new EU land border separates the British province from EU member Ireland to the south. Some of that will have to wait for clarity on future trade relations.
One key early advance that EU officials hope for this week is for Britain to stop challenging the principle it will owe Brussels money — though how much will have to be argued over and cannot be calculated until Britain actually leaves.
Three more weeks of talks, interspersed with internal EU sessions to coordinate the views of the 27 other governments, are scheduled, from late August until early October. At that point, Barnier hopes to be able to show "significant progress" on the divorce priorities for EU leaders to give him a mandate to launch negotiations on a future free trade agreement.
Davis and May had pressed over the past months for trade talks to start immediately but accepted the EU's sequence for negotiations last month. However, Brussels accepts that details on the divorce terms will still be open when trade talks begin.
In a sign British ministers are coming round to the EU view that a trade deal can at best be sketched in outline over the next 20 months, two members of May's cabinet who were on opposing sides of the Brexit referendum debate both said they expected some transitional phase to start in 2019 to smooth the passage from full EU membership to a final free trade pact.
Source: Reuters


Clic here to read the story from its source.