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Finland's Stubb Anticipates Messy End to Brexit Talks

6.2K views
•
February 6, 2017
by
Bloomberg Originals
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Finland's Stubb Anticipates Messy End to Brexit Talks

TL;DR

Brexit negotiations are expected to be tedious and messy, focusing on exit terms and financial implications.

Transcript

Mr stub the problem with brexit is that now we have a plan right but negotiations could actually be not only tedious but they could be messy yeah they are going to be both tedious and messy and with 20 years of experience in European negotiations that's what it's usually like but at the end of the day it's a pretty clear question that Britain has t... Read More

Key Insights

  • Brexit negotiations are anticipated to be both tedious and messy, drawing from 20 years of European negotiation experience.
  • The two main issues in the negotiations are the exit date, likely April 1, 2019, and the financial settlement, with figures ranging from 12 to 58 billion EUR.
  • The future relationship between the UK and the EU post-Brexit will require significant time to establish and will be a crucial aspect of negotiations.
  • Negotiating Article 50 involves dealing with approximately 200,000 pages of secondary legislation, making the process complex.
  • Prime Minister May's primary negotiation partners will be Brussels and Berlin, with Angela Merkel playing a significant role in the discussions.
  • Brexit negotiations are not just between the UK and EU27 but also involve addressing internal UK divides, particularly between London elites and northern England.
  • Financial services and immigration are key issues for different UK regions, complicating unified negotiation stances.
  • The UK's internal divergence on Brexit issues must be resolved to effectively negotiate with the EU.

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Questions & Answers

Q: What are the main issues in the Brexit negotiations?

The main issues in the Brexit negotiations are the exit date and the financial settlement. The exit date is likely to be April 1, 2019, while the financial settlement involves a range of figures from 12 to 58 billion EUR. These issues are expected to make the negotiations tedious and messy.

Q: Who are the key negotiation partners for Prime Minister May?

Prime Minister May's key negotiation partners are Brussels and Berlin. In Brussels, the European Commission, led by Michel Barnier and Jean-Claude Juncker, plays a crucial role. In Berlin, Angela Merkel is a significant figure, as she is considered a leader of the Free World, influencing the negotiations.

Q: Why are the Brexit negotiations expected to be complex?

The Brexit negotiations are expected to be complex due to the extensive secondary legislation involved, approximately 200,000 pages, and the need to address both the exit date and financial settlement. Additionally, the UK's internal divides, particularly between London elites and northern England, add another layer of complexity.

Q: What internal UK issues complicate the Brexit negotiations?

Internal UK issues complicating the Brexit negotiations include the divide between London elites, who prioritize financial services, and northern England, where immigration is a main concern. This divergence makes it challenging for the UK to present a unified stance in negotiations with the EU.

Q: How does the future UK-EU relationship factor into the negotiations?

The future UK-EU relationship is a crucial aspect of the negotiations, requiring significant time to establish. It involves determining how the UK will interact with the EU post-Brexit, impacting trade, regulations, and other bilateral agreements. This relationship will shape long-term economic and political ties.

Q: What role does Angela Merkel play in the Brexit negotiations?

Angela Merkel plays a significant role in the Brexit negotiations as a key figure in Berlin, one of Prime Minister May's main negotiation partners. Merkel's influence as a leader of the Free World means her stance and decisions could heavily impact the direction and outcomes of the negotiations.

Q: How does the UK's internal divide affect its negotiation strategy?

The UK's internal divide affects its negotiation strategy by complicating the ability to present a cohesive stance. The differing priorities between London elites, focused on financial services, and northern England, concerned with immigration, make it challenging to unify the country's approach to negotiations with the EU.

Q: What are the financial implications of Brexit for the UK?

The financial implications of Brexit for the UK include settling a financial agreement with the EU, with figures ranging from 12 to 58 billion EUR. This settlement is a contentious issue, as it impacts the UK's economic obligations and future financial relationship with the EU. Negotiating this aspect is expected to be particularly messy.

Summary & Key Takeaways

  • Brexit negotiations are expected to be complex and messy, focusing on two main issues: the exit date and the financial settlement. The exit date is likely set for April 1, 2019, while financial figures range from 12 to 58 billion EUR. The process involves extensive legislation review.

  • Prime Minister May will focus on negotiating with Brussels and Berlin, where Angela Merkel's influence is significant. The UK's internal divide, particularly between London elites and northern England, adds another layer of complexity to the negotiations, with financial services and immigration as key issues.

  • The future relationship between the UK and the EU post-Brexit will take time to establish. The negotiations are not just about UK vs. EU27 but also involve addressing internal UK divides. Resolving these internal issues is crucial for effective negotiation with the EU.


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