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Brexit: May Seeks Extension of Second Transition Period
British Prime Minister Theresa May is planning to ask the European Union for an extended transition period to make time for customs and trade arrangements, according to local media.
The second transition period will continue into 2023 to allow for the implementation of customs and regulatory alignment to avoid a hard border with Ireland, The Times newspaper said.
May earlier proposed a hybrid option of "customs partnership" with the European Union, meaning the United Kingdom would continue to collect tariffs set by the EU customs union for goods coming into the country on behalf of the European Union.
The border between the Republic of Ireland and Northern Ireland also remains an obstacle on the agenda of the Brexit talks, as London's pullout might create difficulties for the free movement of goods and workers between Ireland and the Northern Irish counties of the United Kingdom, and return a "hard" border between them in potential violation of the 1998 Good Friday Agreement.
Source: News Agencies, Edited by website team
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