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“The UK could theoretically ask for an extension until 2099, but an 80-year extension might upset people a little bit.”
Those were the words of one European ambassador following yesterday’s meeting in Brussels, in which EU chief negotiator Michel Barnier pointed to the possibility of extending the transition period – originally expected to last until the end of 2020 – for a further two years.
The Daily Telegraph cited diplomats as saying that such an extension, which would have to originate from a request by the UK camp, would be sensible. However, it will only be granted if it is agreed how much the departing nation would pay for what was called a privilege.
Read about the insurance industry’s reaction to the deal here
“Mr Barnier did not say that December 2022 was the absolute limit, the length is up to the British,” the unnamed ambassador was quoted as saying.
“But another two years makes sense. It is a reasonable and decent length especially as the trade deal will have to be ratified by every national parliament and even some regional parliaments in the EU.”
Meanwhile EU-27 ministers are meeting today in Brussels, ahead of the November 25 summit where things are scheduled to be finalised and become formal.
Last week Dominic Raab, who could not “in good conscience support the terms proposed” for the UK’s side of the deal, quit as Brexit secretary – just months after David Davis’s resignation from the same post.
