Logo of Phnom Penh Post newspaper Phnom Penh Post - Brexit draft deal announced



Brexit draft deal announced

Content image - Phnom Penh Post
An anti-Brexit demonstrator waves a Union flag alongside an EU flag outside the Houses of Parliament in London. British and EU negotiators have reached a draft agreement on Brexit, Prime Minister Theresa May’s office said on Tuesday. TOLGA AKMEN/AFP

Brexit draft deal announced

BRITISH Prime Minister Theresa May will seek her cabinet’s approval on Wednesday for a long-awaited divorce deal with the EU, but hardline Brexiteer MPs warned they will seek to block it in parliament.

After months of talks, May announced in late Tuesday that negotiators had finally struck a draft agreement on the terms of Britain’s withdrawal from the EU next March.

The pound surged on currency markets following the news, which came as Brussels stepped up preparations for a potentially catastrophic “no deal” exit.

But diplomats and officials warned the technical agreement, which runs to hundreds of pages, still needs political approval.

Ambassadors from the other 27 EU member states met in Brussels, while May’s cabinet convened at 2pm GMT (9pm in Cambodia).

If they approve the text, London is hoping for a special summit of EU leaders later this month to seal the deal.

But May has faced constant criticism from her Conservative MPs over her approach, and the deal had barely been announced, when they took to the airwaves to denounce it.

Former foreign secretary Boris Johnson, who quit the cabinet over Brexit in July, said the deal would leave Britain a “vassal state” and urged his former colleagues to “chuck it out”.

Former Brexit minister David Davis, who quit at the same time, said: “Cabinet and all Conservative MPs should stand up, be counted and say no to this capitulation.”

Most ominously for May, the Northern Irish party which props up her government threatened to break their alliance over reports of a special arrangement for the British province.

“If this is the shape of the deal, we are probably ending up with no agreement,” Sammy Wilson of the Democratic Unionist Party (DUP) told media.

All eyes were on whether eurosceptic ministers including Brexit Secretary Dominic Raab may join the chorus of disapproval and resign.

“We are clearly not out of the woods yet,” the London-based Capital Economics research group said in a note to clients.

British and EU negotiators had stepped up their talks ahead of a deadline on Wednesday to get a deal in time to call the special summit for later this month.

Irish backstop

Failure would delay the final settlement until a formal Brussels summit in mid-December, leaving little time for May to get the deal and associated legislation through parliament.

The talks were stuck for months on how to avoid border checks between British Northern Ireland and EU member Ireland, if and until London strikes a new trade deal with Brussels.

Ireland’s RTE broadcaster reported that the final deal includes a so-called “backstop” arrangement in which the whole UK remained in a customs arrangement with the EU.

It provides for additional “deeper” provisions for Northern Ireland on customs and regulations, risking anger from the DUP.

But it also reportedly allows for a review mechanism that Britain could use to try to leave the backstop arrangement – a key demand of Conservative eurosceptics.

Pro-Brexit MPs like Johnson fear Britain could end up being tied to the EU indefinitely.

May’s deputy David Lidington had earlier promised the government would publish legal analysis on the deal following pressure from Tories and the main opposition Labour party.

Labour leader Jeremy Corbyn said he would wait for details, but suggested the agreement was “unlikely to be a good deal for the country”.

Other elements of the divorce already agreed include Britain’s exit bill of around £39 billion ($50 billion) as well as a guarantee on EU citizens’ rights.

It also provides for a 21-month transition after Brexit during which London would follow EU rules, for both sides to negotiate a new trade relationship.

MOST VIEWED

  • Omicron patients can stay home: PM

    The Ministry of Health has issued a directive on the treatment of people who have tested positive for the highly transmissible Omicron coronavirus variant, following a suggestion from Prime Minister Hun Sen on the night of January 21. The directive permits home quarantine for those who

  • Cambodia’s first ever anime festival kicks off Jan 22 at capital’s F3 centre

    Phnom Penh's first ever Anime Festival will bring together fans, artists, shops and other local businesses with ties to the Japanese animation style for cosplay competitions, online games, pop-up shops and more on January 22, with Friends Futures Factory (F3) hosting. F3 is a project that

  • Hun Sen gets 4th Covid shot, urges compatriots to follow

    Prime Minister Hun Sen and his wife Bun Rany on January 14 received their fourth dose of Covid-19 vaccine and called on compatriots to follow suit as the Omicron coronavirus variant continues to spread in the community. This marks the launch of Cambodia's fourth-dose vaccination campaign,

  • Fourth dose Covid booster drive jabs 43K in two days

    In the first two days of the fourth-dose Covid-19 vaccination campaign, more than 43,000 people volunteered to get the jabs, while over 4.6 million people have received a third shot. Health ministry spokeswoman Or Vandine said that fourth-dose vaccinations, which began on January 14 exclusively with the Pfizer

  • Mr Pancake or M Crepe? Tasty by any title

    Crowds of people gather around a lone man with a mobile food cart every day at around 2pm in front of the Institut Francais du Cambodge to order what many say are the best crepes in Phnom Penh. To some – even to the man making

  • Singapore backs Cambodia's efforts on Myanmar

    Singaporean Prime Minister Lee Hsien Loong supports Cambodia in its efforts to seek a solution to the ongoing Myanmar crisis as the chair of ASEAN. Lee expressed his support during a meeting with Prime Minister Hun Sen via videoconference on January 14, with the talks focused