July 28, 2017
Despite reports that the UK government has come to an agreement that a "transition" or "implementation" phase will be needed after leaving the EU in March 2019, details are lacking and the path forward is no less uncertain than before. In the absence of a specific deal, BEERG's Tom Hayes suggests in a new blog, "A 'bridging period' between full EU membership and non-membership over a three- to five-year period could be agreed. During this bridging period, the UK would act, and be treated by the EU, as if it were a member of the EU, accepting the jurisdiction of the Court of Justice of the European Union and making appropriate continuing financial contributions, which could take into account the figure agreed in the Article 50 negotiations. All EU rules and laws would have to apply during the bridging period. There could be no cherry picking, no transition à la carte. But the UK would be officially outside the EU and would no longer have any involvement in EU governance, no seat in the Council of Ministers and no MEPs in the European Parliament. Leaving the EU will never be cost-free, politically or economically." Read the BEERG Newsletter here.