URGENT: Egypt's annual core CPI inflation rises to 12.1% in October — CBE    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    Egypt to issue EGP 6b in floating-rate T-bonds    Egypt signs outsourcing deals with 55 firms to create 70,000 jobs, boost digital exports    Egypt, Qatar intensify coordination as Gaza crisis worsens    Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City    Egypt, US's Merit explore local production of medical supplies, export expansion    Egypt, WHO discuss joint plans to support crisis-affected health sectors    Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister    Germany, Egypt sign €50m debt swap for renewable energy grid connection    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



May wins support from divided UK cabinet on Brexit plan
Published in The Egyptian Gazette on 07 - 07 - 2018

LONDON, July 7, 2018 (News Wires) - British Prime Minister Theresa May secured a cabinet agreement late on Friday for her plans to leave the European Union, overcoming rifts among her ministers to win support for "a business-friendly" proposal aimed at spurring stalled Brexit talks.
After an hours-long meeting at her Chequers country residence, May seemed to have persuaded the most vocal Brexit campaigners in the cabinet to back her plan to press for "a free trade area for goods" with the EU and maintain close trade ties.
The agreed proposal - which also says Britain's large services sector will not have the current levels of access to EU markets - will not come soon enough for Brussels, which has been pressing May to come up with a detailed vision for future ties.
But the hard-won compromise may yet fall flat with EU negotiators.
By also committing to ending free movement of people, the supremacy of the European court and "vast" payments to the bloc, May could be accused of "cherry-picking" the best bits of the EU by Brussels officials, who are determined to send a strong signal to other countries not to follow Britain out of the door.
The EU's chief Brexit negotiator Michel Barnier welcomed the agreement but added on Twitter: "We will assess proposals to see if they are workable and realistic."
For now, May, who has been written off by critics regularly since losing her Conservative Party's parliamentary majority in an ill-judged election last year, will be buoyed by the hard-won agreement.
"Today in detailed discussions the cabinet has agreed our collective position for the future of our negotiations with the EU," May said in a statement. "Now we must all move at pace to negotiate our proposal with the EU to deliver the prosperous and
secure future all our people deserve."
In a document outlining the government's position, ministers said they had agreed that an earlier proposal made to the EU "needed to evolve in order to provide a precise, responsible and credible basis for progressing negotiations".
Instead, they had agreed to negotiate for a "free trade area for goods", one that would see Britain having a "common rulebook for all goods" in a combined customs territory. This would allow Britain to set its own import tariffs and seal new free trade deals.
They also agreed that parliament would have the power to decide whether to follow EU rules and regulations in the future, and the government would step up preparations for the eventuality of a 'no deal' exit.
But for both sides of the Brexit debate - the hardline eurosceptics and the staunch EU supporters - the agreed negotiating position was not enough.
John Longworth, a chairman of campaign group Leave Means Leave, accused May of personally deceiving Brexit campaigners. "May's Brexit means BRINO – 'Brexit In Name Only' – a fake Brexit."
Pro-EU Labour lawmaker Chuka Umunna described it as "yet another behind-closed-doors stitch up that would leave us all worse off".
The Times newspaper said, without citing sources, that May was taking a hard line and had promised senior allies that she would sack foreign minister Boris Johnson, a Brexit supporter, if he tried "to undermine the peace deal".
With nine months before Britain leaves and just over three before the EU says it wants a deal, May has been under intense pressure from the bloc and from many businesses to show her negotiating position.
As she held the crisis talks with her ministers, the chief executive of European planemaker Airbus, Tom Enders, accused the government of having "no clue or at least consensus on how to execute Brexit without severe harm".
May was cautious on whether she will win the support of the EU, saying only that she had "been talking to European leaders over the last week or so".


Clic here to read the story from its source.