Brexit Deal Possible In Weeks, Says Northern Irish Party That Props Up May – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

World News

Brexit Deal Possible In Weeks, Says Northern Irish Party That Props Up May

Published

on

Brexit Deal Possible In Weeks, Says Northern Irish Party That Props Up May

A Brexit deal is “eminently possible” within weeks but there can be no regulatory barriers within the United Kingdom, the head of the Northern Irish party that props up British Prime Minister Theresa May said on Tuesday.

Less than six months before the UK’s exit from the European Union, there is little clarity about how the world’s fifth largest economy and its preeminent international financial center will trade with the EU after Brexit.

Talks are snagged on how to avoid checks on the border between Northern Ireland and the Republic of Ireland if the sides fail to clinch a post-Brexit free trade deal.

May and Northern Ireland’s Democratic Unionist Party (DUP), which supports her minority government, have opposed EU proposals for a backstop that would keep Northern Ireland – but not mainland Britain – de facto inside the EU economic space.

Ahead of a meeting with EU Brexit negotiator Michel Barnier in Brussels, DUP leader Arlene Foster stuck to her rejection of any new regulatory or customs barriers inside the United Kingdom – but said that, with political will, a deal was possible.

“I want to see a deal that works for everyone and I think that is eminently possible if the political will is there to make it happen,” Foster told BBC Radio Ulster. “I very much hope that there is a deal in a number of weeks.”

The EU’s Brexit negotiators believe a divorce deal with Britain is “very close”, diplomatic sources told Reuters last week, indicating a compromise on the future Irish border was in play.

A flurry of Brexit activity is expected over coming days.

Barnier will update the Commission on Wednesday and then EU ambassadors meet on Friday in Luxembourg. EU leaders’ negotiators meet in Brussels on Monday.

But even if May clinches a deal, there is uncertainty on whether she could sell it at home, where she will need approval from the British parliament.

Lawmaker Steve Baker said at least 40 lawmakers in her Conservative Party were willing to vote down her possible Brexit deal if it left the UK ‘half in and half out’ of the EU.

BLIND BREXIT?

If lawmakers reject a deal, May could fall and Britain would face leaving the EU without an agreement, a move investors and company chiefs say would weaken the West, panic financial markets and block the arteries of trade.

The United Kingdom would move from seamless trade with the EU to customs arrangements set by the World Trade Organization for external states.

“Colleagues will not tolerate a half-in, half-out Brexit,” said Baker, who served as a junior Brexit minister in May’s government until he resigned in protest at her proposals.

If 40 of her lawmakers voted against a possible deal, the fate of the government and exit process would depend on the opposition Labour Party, which has indicated it will vote against almost any deal May might secure.

Brexiteers accept there is likely to be some short-term economic pain but say Britain will thrive in the longer term if cut loose from what they see as a doomed experiment in German-dominated unity and excessive debt-funded welfare spending.

A ‘hard’ Brexit would result in extra tariffs of more than 3 billion euros ($3.4 billion) for German companies per year, a German institute said on Tuesday, adding that German exports to Britain could drop by up to 57 percent.

Under May’s proposals, Britain will seek a free trade area for goods with the EU, largely by accepting a “common rulebook” for goods and British participation in EU agencies that provide authorizations for goods.

Some Brexiteers say those proposals would ensure the EU kept control over swathes of the British economy and thus run counter to the spirit of her manifesto pledge to leave the EU Customs Union and the Single Market.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nigerian News

Nigeria Remains Third Most Terrorized Country In The World

Published

on

By

Nigeria Remains Third Most Terrorized Country In The World

Nigeria still holds the unenviable position as the third most terrorized country in the world.

The 2018 global terrorism index, released on Wednesday, says  this is as a result of the spate of terrorism in Nigeria.  It also points to what it called the “increase in violence involving Fulani extremists”.  The report says this is happening as deaths committed by Boko Haram are falling..

Nigeria is ranked only below Iraq and Afghanistan, both in first and second positions.

This year alone, hundreds of Nigerians have been killed in attacks by suspected herdsmen as well as clashes between the herders and farmers/communities.

States worst hit in the attacks are Plateau, Benue, Zamfara, Taraba and others.

The report also noted that, compared to the peak of “terrorist deaths” in 2014, “the largest falls in the number of deaths occurred in Iraq, Nigeria, and Pakistan.

Continue Reading

World News

Migrants Breech U.S.-Mexico Border

Published

on

By

Migrants Breech U.S.-Mexico Border

Central American migrants stuck at the U.S.–Mexico border breached the border fence on Monday, even though they knew they could be detained by U.S. authorities. They hoped the illegal entry would allow them to apply for asylum.

Since mid-October, thousands of Central Americans, mostly from Honduras, have traveled north through Mexico in a caravan, some walking much of the long distance.

U.S. President Donald Trump has vowed to stop the migrants, sending troops to reinforce the border and attempting a procedural change to require asylum-seekers to remain in mexico while their cases are heard. So far, the courts have denied those attempts.

Applying for asylum at a U.S. land border can take months, so if migrants enter illegally and present themselves to authorities,their cases could be heard more quickly.

Continue Reading

World News

Analyst Expects Unsuccessful Yemen Peace Meeting

Published

on

By

Analyst Expects Unsuccessful Yemen Peace Meeting

A political analyst says prospects for returning to a unified Yemen remain dim despite members from both warring parties meeting to discuss peace in Stockholm, Sweden.

Supported by the United Nations, representatives of the Yemeni government and the Houthi rebels will meet for political consultations later this week, although no exact date has been announced for the start of the negotiations that would be the first peace talks since 2016.

Mokhtar Yafie, a political analyst in Aden says he does not expect much success from the Stockholm peace meeting.

Yafie added that the internal divisions within the Yemeni government and the Houthi would also complicate the negotiation.

Although some residents in Yemen hold little hopes for the peace talks, there are people having high expectations for them.

Continue Reading

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: