UK's Hammond says economy should be priority in Brexit talks

Share
UK's Hammond says economy should be priority in Brexit talks

May's plans included Britain's departure from the single market, as well as spelling out that no deal would be better than a bad deal, as far as the government was concerned.

Now the Tories are seeking an agreement with Northern Ireland's DUP in order to form a government.

According to the statement issued on Thursday, the European Union and the United Kingdom are set to begin negotiations on Article 50, which was triggered on March 29 and sets out the procedure for withdrawing from the 27-member bloc, reports Efe news.

The European Commission said the one-day meeting between its chief negotiator Michel Barnier and Brexit Secretary David Davis will take place "as part of the sequenced approach to the talks" set out by the EU, which require progress to be made on withdrawal arrangements before any talks on trade can begin.

In return for the guarantee, Davis expects Brussels to drop its demand that EU citizens in the United Kingdom will retain access to the European Court of Justice (ECJ) to uphold their rights in Britain.

More pressing is the issues of providing effective guarantees to some 5 million people - around 3 million European Union citizens living in Britain plus nearly 2 million Britons in Europe - who want to know what the future holds after Brexit.

The chancellor of the exchequer was asked whether he favored a softer version of Brexit - such as British membership of the EU single market or of a customs union.

Britain has announced that Brexit negotiations will begin on June 19, despite earlier speculation they could be delayed, as Prime Minister Theresa May is still scrambling to prop up her minority government.

May's finance minister, Philip Hammond, said on Friday that Britain should prioritise protecting jobs and economic growth.

Britain's Brexit ministry said on Friday that no deal could be struck on exiting unless the future relationship with the bloc was taken into account. "The withdrawal and future are intimately linked".

"I'm not going to give a blow by blow account of how we propose to take that discussion forward", he said.

Barnier and British Brexit Secretary David Davis will open the talks on Monday at 11 a.m.in Brussels and they'll continue on Tuesday with top officials from the European Commission and the U.K.'s Brexit department.

Since last week's general election, there have been calls for a new cross-party approach to talks, but Downing Street has said its strategy will not change.

Share

Advertisement

Related Posts

President Trump unveils new Cuba policy
Senior White House officials say Trump's new directives eliminate individual people-to-people visits to Cuba by Americans. Critics say Obama didn't exact concessions from the Cuban government on human rights and democratic reforms.

Grief turns to anger in neighborhood near tower fire
He added that they do not expect any survivors in the charred building. "We pray for all the residents of the Grenfell Tower". Clements Church, where survivors and the loved ones of victims from this week's fire at Grenfell Tower have congregated.

Justice is served as new Judge Dredd figure preorders are now open
Despite the hefty price tag of $799.99, there is a 15% discount available for customers who pay in full or opt into a payment plan.

Rickie Fowler leads US Open after day of highs and lows
The previous record for most sub-par rounds in the first round of the tournament was 39, set in 1990 at Medinah Country Club. Mickelson, who celebrates his 47th birthday on Friday, believes he will have more chances at that elusive U.S.

Top Resources for NAHQ CPHQ Exam
This is why it is highly crucial that you go through the exam content outline or exam objectives before you start your study. You don’t need to buy these guides; having one of them is enough to give you all you need to prepare for your test.

Police say 58 missing presumed dead after tower blaze
Very early in the morning on Wednesday, a fire erupted in high rise apartment building Grenfell Tower in West London . People have lost their lives and others have lost everything, all their possessions, their home and everything.

Protest Erupts Over Yanez Verdict; I-94 Blocked in St. Paul
We felt all along his conduct was justified. "He made a terrible mistake", Choi said after the verdict, referring to the officer. Protesters chanted " No justice, no peace, prosecute the police ", " Hands up, don't shoot ", and, later, " Yanez, guilty! ".

Portugal hoping Ronaldo can continue his good form in Russia
Qualifying teams in this year's competition include Russia, New Zealand, Portugal , Mexico , Cameroon, Chile, Australia, and Germany.

Podcast: Amazon Buys Whole Foods
Investors like the deal and think it will be good for the online retail giant, which has been expanding its grocery offerings. Spokesperson Mike Berman said Amazon's deep pockets might create more opportunities to invest throughout the region.

3 Secrets of Innovation Development by Max Polyakov
Also, the investor should never forget that even the biggest amount of invested resources doesn’t guarantee a success. One of the recent examples is the mass closing of brick-and-mortar shops in the USA because of Amazon’s popularity.

© 2015 ExpressNewsline. All Rights reserved.