UK, EU Negotiators Have Agreed On A Brexit Deal
UK and EU negotiating teams have agreed on a Brexit withdrawal deal which Prime Minister Theresa May will present to her Cabinet on Wednesday.
The UK government confirmed reports that May’s most senior ministers would read the details of the draft agreement on Tuesday evening before a special Cabinet meeting at 2 p.m. on Wednesday.
An agreement between the UK and EU over how to prevent a hard border on the island of Ireland as a result of Brexit was reached during intensive negotiations held on Monday and Tuesday, sources told Business Insider.
Brexit talks had for weeks been at an impasse over the question of how a hard border between Northern Ireland and the Irish Republic could be avoided no matter the outcome of negotiations.
UK and EU negotiators agreed that there would be a UK-wide “backstop” if they fail to negotiate a trade deal that negates the need for border checks on the island of Ireland before the end of the two-year Brexit transition period.
The backstop will take the shape of a UK-wide customs union with the EU, with Northern Ireland sticking to some of the European single market. This would guarantee no border checks between Northern Ireland and the Republic.
However, the backstop is set to come not with a fixed end date, as demanded by pro-Brexit MPs, but with a “review clause” for deciding when it can end.
