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Brexit Trade Deal Attempt Thwarted By Anger In Ireland

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On Monday an attempt by British Prime Minister Theresa May to move towards opening talks on post-Brexit free trade with the European Union failed, after a tentative deal with Dublin to maintain EU rules in Northern Ireland angered her allies in Belfast. May had sat down to lunch with European Commission President Jean-Claude Juncker, with the hopes that a last-minute offer to the Irish government of “regulatory alignment” on both sides of a new UK-EU land border would remove the last obstacle to opening talks with the EU next week on future trade. Even as the pound rose on prospects of free trade and a very “soft Brexit," Northern Ireland’s Democratic Unionist Party issued an uncompromising reiteration of its refusal to accept any “divergence” from rules on the British mainland. Irish Prime Minister Leo Varadkar cancelled a news conference and the pound fell back, losing a cent against the dollar, as May and Juncker emerged to declare that there was still no “sufficient progress” on divorce terms to move ahead.

Added on the 04/12/2017 13:59:15 - Copyright : Wochit

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