Report: Brexit – What Happens Now?
On Monday 17th December, the British Chamber welcomed Mr Richard Corbett MEP and over 45 of our members for a lunchtime briefing on ‘Brexit – What Happens Next?’, which was held with the support of our new member MSD.
The lunchtime meeting helped update our members on the current situation and to pinpoint where we are in the process. The deal that Prime Minister May wishes to pass faces extreme opposition from MP’s in the commons, from all sides. This is due to a number of reasons, including the ‘backstop’ arrangement that could potentially isolate Northern Ireland from the rest of the UK. In addition, the UK would remain involved with EU agencies, but they would not be a member of them. This means that the UK would likely lose influence in these agencies, but still be required to follow the rules established by them.
Those attending the event experienced an open discussion that covered the role of the media, the timing of the withdrawal agreement, the impact on the agriculture industry and threats of food shortages in the UK.
The discussion concluded that until the parliament is able to vote on the Withdrawal Agreement, it seems as though little progress can be made. However, there are still lots of options for the UK which include voting through the current deal, leaving with no deal and the negotiation of a new deal. Alternatively, the UK Parliament is able to withdraw the submission of Article 50, which seems more likely if a second referendum is granted and results in a remain victory.
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