It’s the one deal potential, EU’s Barnier tells Brexit Britain

BRUSSELS (Reuters) – The European Union’s Brexit negotiator Michel Barnier informed Britain on Thursday the Brexit deal the bloc agreed with Prime Minister Theresa May was the one one potential.

Barnier was chatting with a nearly-empty EU parliament chamber because the bloc awaits the decision from London the place May is attempting to promote the deal to her divided parliament, which can vote on it on Dec. 11. The EU insists the Brexit accord sealed after 18 months of talks won’t be renegotiated.

“Given the difficult circumstances of this negotiation and given the extreme complexity of all the issues of the British withdrawal, the deal that is on the table … this deal is the only one and the best possible,” Barnier mentioned.

“Now is the time for ratification,” he mentioned.

The Bank of England mentioned on Wednesday Britain risked struggling an excellent greater hit to its financial system than through the global monetary disaster 10 years in the past if it left the EU with no deal in 4 months’ time.

“It’s not a question of winners and losers because Brexit is a lose-lose. There is no added value,” Barnier mentioned.

“I am convinced we will be able to work together for a real and unprecedented partnership,” he mentioned of Britain’s future relationship with the EU, talks on which can begin after Brexit day on March 29, 2019.

During the EU parliamentary debate on Thursday, Brexit campaigner Nigel Farage mentioned May’s deal can be voted down within the British parliament as “the worst deal in history”.

Barnier obtained a lot reward from EU MPs on Thursday for his dealing with of the Brexit negotiations, a sentiment shared in lots of EU quarters, beefing the Frenchman’s possibilities ought to he run for the highest job within the bloc subsequent 12 months.

Reporting by Gabriela Baczynska; Editing by Philip Blenkinsop and Janet Lawrence

Our Standards:The Thomson Reuters Trust Principles.

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