Today's Thought: “When you talk, you are only repeating something you know. But if you listen, you may learn something new.” -Dalai Lama

The European Union Seeks To Extend The Transition Period Of Brexit Beyond 2020

Brexit Beyond 2020
Himanshu Goyal
  • EU to request Boris Johnson for an extension to the transition period of Brexit beyond 2020.
  • Political experts believe that the negotiations can prove to be challenging.
  • Boris believes that it is politically impossible to go ahead with the extension of the transition period.

It is common news that Boris Johnson does not want to delay the extension of the transition period of Brexit beyond 2020. However, European Union leaders have decided to take the initiative and go ahead with an extension request for the transition period. This means that they plan to request for the UK to be kept under the regulations of Brussels, Belgium beyond 2020.

EU officials are considering this move to be a solution to find their way out of the problem that is post due to the less availability of time. So, they plan to negotiate a new relationship in light of the insistence of the British Prime Minister that he does not want an extension of more than eleven months.

AliExpress WW

It is expected that the United Kingdom will leave the European Union on 31st January 2020. This day is in less than fifty days. Once this transition period ends on 31st December 2020, it is expected that the United Kingdom will exit the single market and customs union of the European Union and will enter into newly negotiated arrangements.

The President of the European Commission, Ursula von der Leyen, commented that it would be very challenging to negotiate a new future relationship in a short timeframe. In addition to that, the President shared after the completion of a leaders’ summit held in Brussels that the negotiations would need to prioritize all the key issues of the European Union such as the ongoing trade in fisheries and goods.

AliExpress WW

According to the withdrawal agreement, the transition period can be extended for a maximum of two years. That said, it must be agreed on before 1st July 2020. Moreover, it is expected that Boris will consider it to be politically impossible to request an extension to the transition period in order to enable all the problems to be agreed upon. If Boris breaks his word and asks for a delay, he would also have to open negotiations regarding the extra payment that the UK would have to make into the EU budget.

The UK news, as well as the world news, are rife with comments on this ongoing foreign policy and it is expected that the EU might also sweeten the offer by reducing the costs faced by the UK. This new development in Europe highlights all the challenges that the negotiators face as they prepare themselves for the upcoming discussions. Mark Rutte, the Dutch Prime Minister, shared that in his opinion, the negotiations that are due to be held in 2020 would be far more difficult than the ones happening over the withdrawal agreement.

The Brexit debate is in full swing in the world of politics. Till this matter is resolved, everyone will have their own views on the subject. However, it cannot be denied that a change is on its way, and it will soon hit the United Kingdom in full force.

AliExpress WW

    Himanshu Goyal

    Himanshu is a law student who lives in Delhi. He caught the writing bug a few months ago and has been unstoppable ever since. He enjoys traveling, coffee, and the company of like-minded people.

      Notify of
      Inline Feedbacks
      View all comments
      Would love your thoughts, please comment.x