IN A MAJOR speech British Prime Minister Theresa May proposed a two-year transition period for Britain after it leaves the European Union, suggesting that the UK would continue to “honour its commitments” under the bloc’s current budget.
May said Britain should be able to access the European single market during this period, adding that other EU members should not have to “pay more”.
The UK prime minister made the comments in a key speech in Florence today. The speech was aimed at breaking the deadlock in Brexit negotiations which are due to resume on Monday.
The success of negotiations between Britain and the European Union on Brexit is “in all our interests”, May continued.
“If we were to fail or be divided, the only beneficiaries would be those who oppose our values,” she said.
May also said she wanted British courts to “take into account” European Court of Justice decisions when ruling on the rights of EU citizens living in Britain.
I want the UK courts to be able to take into account the judgements of the European Court of Justice.
EU officials has said that the European Court of Justice should retain jurisdiction over citizens of the union.
May added that Britain will “honour its commitments” to the current EU budget and other EU members should not “pay more or receive less” because of Brexit.
The comments come amid pressure from EU officials for Britain to make a monetary promise on its Brexit “divorce bill” to unblock negotiations in Brussels.
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