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UK Committee Warns of Costs of Extended Brexit Transition
March 09, 2018
The UK Parliament's European Scrutiny Committee has warned that any extension of the planned transition period during which the UK would agree to accept EU regulations following Brexit would bleed into the next EU budgetary period and could result in payments of billions of pounds into EU coffers.
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Merkel Calls for Linking EU Funding with Migrant Acceptance
March 09, 2018
Reuters reports that, in a recent address to the Bundestag, German Chancellor Angela Merkel indicated that Brexit offers a major opportunity to overhaul the EU's financial framework, including by linking the provision of development funds to European countries and regions with the acceptance and integration of migrants.
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UK Labour Party Seeks Customs Union with EU
March 08, 2018
The Guardian reports that Jeremy Corbyn, the leader of the British Labour Party, has announced that his party is in favor of Britain's remaining in a customs union with the EU, meaning the UK would not be able to strike trade deals with other countries without the consent of EU officials, while encouraging a "bespoke" arrangement for access to the EU's common market.
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Tusk Labels UK Trade Proposal "Pure Illusion"
March 08, 2018
Politico reports that, during a recent press conference, European Council President Donald Tusk labeled Britain's negotiating position on a post-Brexit trade deal with the EU as "pure illusion," stating that an attempt to accept EU standards in some areas but not in others in exchange for market access is an unacceptable form of "cherry-picking."
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EP Paper Seeks "Privileged" Market Access for UK
March 08, 2018
The Sun reports that a document produced by senior officials in the European Parliament (EP) calls for EU negotiators to offer the UK "privileged" access to the EU common market after Brexit in exchange for commitments from Britain to maintain EU standards and accept rulings from the Court of Justice of the EU.
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