An interim deal to bridge the gap Sir Simon Fraser opened his speech by explaining the three key deals he believes the UK will have to make with the European Union: one to exit (Article 50 of the Lisbon Treaty), one to secure our future, and one to fill the gap in between. The first two are accepted as conventional wisdom, and the last – ‘the interim deal’ – continues to be debated. Fraser believes an interim deal, bridging the gap between leaving the EU and concluding a permanent deal, is inevitable. But what that interim deal would look like is far less certain. The EU, he feels, is yet to ‘absorb the shock of Brexit’ and is not yet thinking deeply about the future. With 27 member states and three key institutions, its side of the negotiations will be incredibly complex – hence concluding a permanent deal in 2019 is highly unlikely. The Great Repeal Bill will provide the legal foundation for an interim deal that extends our current membership terms. Any deal seeking to alter these terms would require a whole raft of additional negotiation. The build up to negotiations is about positions and posturing For Fraser, the […]

Original source – Institute for Government

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