House of Commons to vote on various Brexit options on January 29
International News: Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t convincing, then British lawmakers will try to take over the process. That could mean keeping much closer ties to the bloc, or even a second referendum. With just 10 weeks to go until the U.K. is due to leave the European Union, what are the most likely scenarios?
Brexit in Name Only, and Not Quite Yet
Keeping close ties to the EU’s single market and customs regime might be the best way of getting a Brexit deal that Parliament can support, though May has ruled it out. It’s known as “Norway-Plus” or “Common Market 2.0” to its supporters and “Brexit in Name Only” to its detractors. Critics have a point: this scenario would leave the U.K. taking rules from Brussels and wouldn’t address one of the main pledges of the referendum campaign — that uncontrolled immigration from Europe would stop. Businesses would mostly be pleased.
To get there, members of Parliament propose motions or amendments that show there’s support for the idea. The government asks for an extension to the Brexit day deadline of March 29 and reopens talks with the EU. The Withdrawal Agreement remains unchanged, including the much-loathed Irish border backstop. But the declaration on future ties is rewritten, making it very unlikely the fallback option will ever be used…
Read More : Brexit Deal
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