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EU govt desires divorce take care of Britain, tech stage contacts proceed

FILE PHOTO: European Union flags are seen outdoors the EU Commission headquarters in Brussels, Belgium October 14, 2018. REUTERS/Francois Lenoir

BRUSSELS (Reuters) – The European Commission stated on Thursday it needed to achieve a take care of Britain on its exit from the European Union and that technical contacts have been persevering with, however that no new excessive stage conferences have been scheduled thus far.

The Commission was reacting to feedback from a British official deal that will give London’s huge monetary companies hub primary entry to European Union markets after Brexit was almost completed.

Such a deal would give the United Kingdom the identical stage of entry to the EU as main U.S. and Japanese corporations, whereas nonetheless tying it to many EU finance guidelines for years to come in an association of equivalence of guidelines first reported in July.

“We want to reach a deal with the UK on its orderly withdrawal from the EU. Contact at technical level continues. We cannot at this stage confirm when the next meeting between (EU chief negotiator) Michel Barnier and (Britain’s Brexit minister) Dominic Raab will take place,” a Commission spokesman stated.

Reporting By Jan Strupczewski; Editing by Gareth Jones

Our Standards:The Thomson Reuters Trust Principles.

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