Daily Management Review

European Council agrees to extend Brexit again


10/30/2019


The European Council has decided to extend the Brexit term until January 31, 2020, according to an official communiqué circulated in Brussels on Tuesday evening.



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ChiralJon
"The European Council decided to extend the term in accordance with Article 50.3 (Treaty of the European Union) in the context of the UK’s intention to withdraw from the EU," the document says.

“The deadline has been extended until January 31, 2020 to give more time for ratification of the agreement on withdrawal (Great Britain from the EU). The withdrawal can be done until December 1, 2019 or January 1, 2020, if the agreement is ratified by both parties”, - the document states.

“At the time of the extension, the UK remains a member state with all the rights and obligations set forth in the treaties and in accordance with EU law,” the European Council decided.

The decision was made unanimously by the European Council in a written procedure with the consent of the United Kingdom. This agreement was set out in a letter from British Prime Minister Boris Johnson to the President of the European Council, Donald Tusk. The European Council also agreed on a declaration accompanying this decision.

Tusk called on London to "make the best use of the time Britain has received for the implementation of Brexit in connection with its next postponement."

According to Tusk, this is a “flexible” extension of Brexit. It implies that a country can leave the EU by January 31, 2020 if British Prime Minister Boris Johnson quickly reaches an agreement with Parliament on this issue.

Earlier, the UK Prime Minister Johnson gave formal consent on behalf of London to extend the Brexit term until January 31, 2020.

source: bbc.com






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