Open figure viewer
Significance
The implicit assumption, that it will be relatively straightforward to negotiate a transition period to bridge the gap between the United Kingdom’s withdrawal from the EU and the entry into force of a new, permanent arrangement, may be proved wrong over the coming months.
Impacts
UK cabinet divisions between those wishing to diverge from EU rules and those wishing to stick to them will come to the fore.
As time runs out, London will probably become more willing to make concessions, allowing the EU to harden its stand.
Delays in negotiating transition could lead to companies triggering contingency plans for a ‘no deal’ outcome.
Keywords:
EU,
United Kingdom,
EUR,
Spain,
Gibraltar,
Northern Ireland,
EU/UK,
economy,
politics,
government,
judicial,
talks,
regulation,
international relations,
policy,
treaty,
foreign policy,
foreign trade,
integration,
international law,
summit
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2018
You do not currently have access to this content.
