Ireland – UK : A Five-Year Transition Period between the two Countries

Ireland – UK : A Five-Year Transition Period between the two Countries
Irish minister for Foreign Affairs, Simon Coveney, has called for the UK’s Brexit transition period to extend up to 5 years after it leaves the EU in March 2019.

Brexit will affect Ireland more than any other countries in the EU. As a consequence, the island tries to find solutions to soften the consequences of the British withdrawal. In a interview with the Financial Times, Mr Coveney said a good outcome for the Irish and British economies required a « sensible and pragmatic approach towards a transition arrangement. For me, it is closer to four or five years, rather than two ». During the transition period, the UK would stay in the single market and customs union.

At a speech in Florence last September, British Prime Minister, Theresa May, proposed a two-year transition period. The European Union has made clear that any transition should be time-limited, but the pro-Brexit members of Mrs May’s government are reluctant to accept even a two-year bridging deal.

Mr Coveney also said that « we should not be setting transition period to meet some kind of political electoral cycle ». Both Irish and British economies will suffer from Brexit, and to Simon Coveney « the businesses that are going to have to survive through that transition will also need time ».

 

 

Small and medium entreprises are the least prepared, and are putting off taking action because of the difficulty of predicting the shape of a final settlement.

« Brexit is not something we should be playing a game of chicken on in terms of making unrealistic demands. It is a much worse outcome for Britain and Ireland than for everybody else if there is no deal » Mr Coveney said in the interview.

British and EU negotiators will meet in Brussels again for more Brexit talks.

 

Chloé LOURENÇO

2 réponses à “Ireland – UK : A Five-Year Transition Period between the two Countries”

  1. […] De l’autre côté de la Manche, Theresa May a choisi l’option la plus dure pour son pays : une sortie non seulement de l’UE, mais aussi du marché unique et de l’union douanière. Ce choix, appelé « hard Brexit« , ne sera pas sans conséquences économiques sur le Royaume. Une étude du gouvernement britannique -qui a fuit dans la presse- prévoit déjà une baisse du PIB aux alentours de 5% d’ici 2030. Mais le plus grand bouleversement serait surtout territorial, car le « hard Brexit » impliquerait aussi le rétablissement d’une frontière physique entre les deux Irlandes. […]

    J’aime

Votre commentaire

Entrez vos coordonnées ci-dessous ou cliquez sur une icône pour vous connecter:

Logo WordPress.com

Vous commentez à l’aide de votre compte WordPress.com. Déconnexion /  Changer )

Image Twitter

Vous commentez à l’aide de votre compte Twitter. Déconnexion /  Changer )

Photo Facebook

Vous commentez à l’aide de votre compte Facebook. Déconnexion /  Changer )

Connexion à %s

Créez un site ou un blog sur WordPress.com

%d blogueurs aiment cette page :