British ministers: Brexit transition period "will be important" for businesses
Aug 13 2017 by Desiree Burns
In a joint Sunday Telegrapharticle, UK Chancellor Philip Hammond and global trade minister Liam Fox? the two key ministers believed to be on opposing ends of Britains future outside the EU - also said that the UK will not remain in the customs union during the transitional period.
"We will leave the customs union and be free to negotiate the best trade deals around the world as an independent, open, trading nation".
Progress appears to have been slow, with Mr Barnier reportedly warning European Union ambassadors the first two rounds had failed to produce sufficient clarity on the opening issues of the Irish border, the rights of European Union citizens in the United Kingdom, and Britain's "divorce bill".
That is why we believe a time-limited interim period will be important to further our national interest and give business greater certainty - but it can not be indefinite; it can not be a back door to staying in the EU.
It has confirmed it will publish a number of papers, including one on Northern Ireland's border and future customs arrangements.
A failure to reach agreement on the Irish border will also throw into jeopardy the Prime Minister's hopes of an autumn start to talks on post-Brexit trade with the EU.
In addition, Remainers expressed their disapproval of Britain's continuous subjection to the European Court of Justice (ECJ) upon Brexit but would only support the adoption of simple and sensible EU laws.
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It comes as ministers start to set out their detailed aims for Brexit. The bloc's chief negotiator, Michel Barnier, said last month there was "a clock ticking" on the talks.
Britain voted to leave the European Union in June 2016, but did not trigger the formal two-year exit process until March.
Prime Minister Theresa May formally triggered the Brexit process on March 29 and divorce negotiations officially began on June 19.
Barnier is due to meet Britain's Brexit minister, David Davis, for a new round of negotiations at the end of August.
Mr Miliband, who narrowly lost out to his brother Ed in the 2010 Labour leadership contest and who now heads the International Rescue Committee relief agency in NY, described the outcome of the 2016 referendum as an "unparalleled act of economic self-harm".
"It's what businesses across Europe have called on both sides to do and will demonstrate that the U.K.is ready for the job", he said, adding that the position papers' publication was "an important next step" in "getting on with the task set to us by the British public".
In recent weeks, with May on her summer vacation, members of her Cabinet have openly disagreed about what direction Brexit should take.