The European Parliament’s newly appointed lead Brexit negotiator called Tuesday for the UK to leave the European Union by 2019 when the legislature’s next round of elections takes place.
Britain should trigger its divorce from the EU as soon as possible and formally leave by 2019, the European Parliament’s chief Brexit negotiator Guy Verhofstadt said on Tuesday.
Verhofstadt, a former Belgian prime minister, also warned London that it could only keep access to the prized single market by accepting the free movement of all European Union citizens into Britain.
“The UK should trigger the Article 50 as soon as possible so that we can finalise these negotiations by 2019” ahead of the next EU parliamentary elections that year, Verhofstadt told a news conference at the parliament in Strasbourg, France.
“I cannot imagine that we start the next legislative cycle without agreement, and that we enter a new legislative cycle with no solution,” he added.
British Prime Minister Theresa May has said she will not trigger Article 50 — the two-year divorce process leading to an exit from the EU — until early 2017 at the earliest.
She has said London needs more time to finalise its demands, with the government split on how to curb immigration while keeping the benefits of the single market.
But Verhofstadt said there could be little negotiation on this, saying the two concepts were “inseparable”.
Full Content: NDTV
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Chamber of Commerce Sues to Overturn FTC Non-Compete Ban
Apr 24, 2024 by
CPI
FTC Chief Warns of Healthcare Price Fixing Risks Amid Tech Advancements
Apr 24, 2024 by
CPI
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Apr 24, 2024 by
CPI
Italian Antitrust Authority Fines Amazon €10 Million for Unfair Trade Practices
Apr 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI