Sunday, 5 May 2024

British PM Boris Johnson plans Brexit law guarantee in new no-deal threat

LONDON (BLOOMBERG) – Boris Johnson will change the law to guarantee the Brexit transition phase is not extended, setting up a new cliff-edge for a no-deal split with the European Union at the end of next year.

The UK prime minister wants to deliver his election promise to ratify a new free-trade agreement with the bloc before the bridging period maintaining the status quo runs out on Dec 31, 2020.

EU leaders have warned it’s highly unlikely that negotiators will be able to complete the kind of deal Johnson wants, which he has modelled on Canada’s agreement with the EU, in the 11 months between Brexit day on Jan 31 and the December deadline. The EU-Canada deal took seven years to finalise.

Johnson’s gambit is the latest sign of intent as he seeks to force through Britain’s divorce from the 28-nation bloc without further delay. After winning a big majority in last week’s general election, the prime minister now has the power to do as he pleases on Brexit, without fear Parliament will thwart his plans.

He’ll start by putting the divorce part of the Brexit deal to a vote, potentially as soon as Friday. Once MPs have ratified that, the UK will leave the EU by Jan 31.

The planned legislation will include legal text to prevent the government extending the transition period and delaying the day Britain stops being subject to EU laws, even if no new trade terms have been secured in time, an official said.

DEADLINES, CONTINUITY

The law would potentially force the UK out of the EU without a new deal in place, threatening tariffs and disruption to trade.

As well as ministers being blocked from extending the transition period, the House of Commons will not get a vote on the issue, another official said.

When ministers were trying to get support for the Brexit deal before the election, they agreed to give Members of Parliament a vote on whether a longer transition period would be needed. But the government’s new majority means such concessions aren’t necessary, the official said.

Johnson’s plan to give priority to delivering Brexit was also reflected in appointments to his Cabinet, announced Monday evening, which put the emphasis on continuity as he seeks to minimise disruption before the Jan 31 deadline.

Nicky Morgan, who had announced she was standing down as an MP before the election, has been handed a seat in the unelected House of Lords so she can stay on as culture secretary.

In the only other senior appointment Monday evening, Simon Hart became Welsh Secretary in a move forced on Johnson after the resignation of Alun Cairns from the post in November.

Other key positions in the Cabinet, including the key posts of chancellor of the exchequer, home secretary and foreign secretary, are expected to remain unchanged.

As well as providing stability in the run-up to Brexit, Johnson, who plans a wider reshuffle of his top team after the deadline at the end of next month, will have Morgan by his side to advise on the role of China’s Huawei Technologies in UK telecommunications, a thorny issue as Britain seeks trade deals with the rest of the world after leaving the EU.

Related Stories: 

Source: Read Full Article

Related Posts