RISK OF A NO-DEAL BREXIT


19/09/2019




İrem UZUN -TDO- Speaking at the European Parliament in Strasbourg, France, the Chief of the EU Commission Jean-Claude Juncker stated that there is a "palpable" risk of a no-deal Brexit. While Britain’s impending departure from the 28-nation bloc on October 31awaits for a clear-cut proposal in writing, the main sticking point continues to be on the Irish border.

In an address in the European Parliament, Mr. Juncker stressed the importance of handing written proposals for Britain on respecting EU trade and customs rules in order to avoid a hard border between EU member Ireland and the U.K.’s Northern Ireland. Britain, however, is not likely to present a complete set of detailed, written proposals of how it would want the text of the existingBrexit deal. After his first face-to-face talk with British PM Boris Johnson on Monday, Mr. Junker mentioned that Johnson has been adamant the U.K. will leave the EU on October 31 with or without a withdrawal agreement.

Eventually, EU leaders will meet for a make-or-break summit in Brussels on Oct. 17-18, just a fortnight before Brexit is due to materialize more than three years after Britons voted to leave.In a worst case scenario, a no-deal Brexit could mean severe disruption to trade, supplies of medicines, fresh foods and a possible rise in public disorder, according to the British government's contingency plans.

Meanwhile the EU's chief Brexit negotiator, Michel Barnier, fumed: "I don't think we should be spending time pretending to negotiate".A majority of EU lawmakers later voted for an extension to Britain’s scheduled departure date in a resolution that is not binding but which has political weight.


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