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IPFS News Link • European Union

Theresa May's "Secret" Brexit Deal Exposed After Winning Major Concession From EU

• https://www.zerohedge.com, By Tyler Durden

If a report in the Sunday Times is accurate, May has assembled a detailed "secret" Brexit plan that, among other details, would kill off the controversial Northern Ireland "backstop" that had become the main obstacle to further negotiations.

Working in secret, May has reportedly developed a detailed, 50-page plan for a Brexit treaty that will allow the entire UK to remain within the EU customs union - that is, until a final deal can be hammered out during the transitionary period, which Brexiteers fear could mean "forever".

As part of the new "secret" deal, May has effectively scrapped most of her controversial four-page "Chequers plan", and replaced most provisions governing the single market and customs union with an agreement to hash out a "Future Economic Partnership" - essentially an open-ended agreement to continue negotiations that leaves open the possibility of reaching a free trade deal like the one enjoyed by Canada, a provision that is bound to appease at least some of the Brexiteers.


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