Hunt said that a possible delay to Brexit beyond March 29 would depend on progress in the coming weeks. “We can’t know at this point…
Hunt said that a possible delay to Brexit beyond March 29 would depend on progress in the coming weeks.
“We don’t know at this point what circumstances will occur,” Hunt said.
The agreement on the terms of the divorce reached by British Prime Minister Theresa May with the EU was rejected by the British Parliament.
Opposition MPs said the deal, which would maintain close economic ties with the EU, would leave Britain “in charge”.
May is now looking for “alternative deals”, but the EU has said it will not renegotiate.
Britain is expected to leave the European Union at 11pm on March 29 this year.
The decision follows a referendum in 2016 in which the British people voted for Brexit.
Experts have warned that Brexit without an agreement with the EU would lead to a decline in Great Britain and slower economic growth in the European bloc.
2024-11-30 07:56:00
#Brexit #longer #Insider
## Can Brexit Be Delayed Beyond March 29th? Experts Weigh In
With teh march 29th deadline approaching, uncertainty hangs heavy over the UK’s future relationship with the European Union. British Foreign Secretary Jeremy Hunt recently acknowledged the possibility of a delay, but stressed that it hinges on progress in the coming weeks. This ambiguity has ignited debate about the potential ramifications of a prolonged Brexit process. To shed light on the evolving situation, we sat down with two leading experts in political science adn international trade.
Dr. Emily Carter, Professor of Political Science at the University of Oxford, specializes in British politics and the EU. Dr.Andrew Miller, a Senior Trade Policy Analyst at the Centre for Economic Policy Research, brings his expertise in international trade agreements and their impact on national economies. Today,we delve into the complexities of the Brexit negotiations,exploring the reasons behind the delay,potential impacts on the UK and EU economies,and the possibility of alternative solutions.
### The Need for a Delay: Negotiating Time or political Maneuvering?
**World Today News:** Dr. Carter,British Foreign Secretary Jeremy Hunt has hinted at a possible delay to Brexit.What factors might be driving this consideration?
**Dr. emily Carter:** the primary driver is the lack of a clear path forward. The UK Parliament has rejected Prime Minister May’s Brexit deal, leaving the government scrambling for alternatives. A delay could provide valuable time for further negotiations with the EU or for the progress of a new plan that garners broader support within Parliament.
**World Today News:** Dr. Miller, considering the economic implications, is a delay beneficial for the UK and the EU?
**Dr. Andrew Miller:** A delay could theoretically offer some breathing room for businesses and investors to adapt to the evolving situation, mitigating some of the immediate economic shock of a ‘no-deal’ Brexit. Though, prolonged uncertainty is detrimental to business confidence and investment. Clarity and a clear roadmap are crucial for economic stability.
### Alternative Deals: A Ray of Hope or a Mirage?
**World Today News:** Dr.Carter, Prime Minister May is seeking “alternative deals” with the EU. What are the realistic prospects of achieving these?
**Dr. Emily Carter:** The EU has been firm in its position: the divorce agreement is not open for renegotiation. Any ”alternative deal” would likely involve creative interpretations or further concessions from the UK, which may prove politically unpalatable.
**World Today News:** Dr. Miller, what are the potential economic consequences of “no deal” Brexit for the UK and EU?
**Dr. Andrew Miller:** A “no-deal” Brexit would be economically disruptive for both sides. It would likely lead to tariffs,border delays,and increased regulatory hurdles,impacting trade flows and perhaps causing price increases for consumers.
**”A delay could offer some breathing room… Though, prolonged uncertainty is detrimental to business confidence”**
– Dr. Andrew Miller
### The Path Forward: Navigating Uncharted Territory
**World Today News:** Dr. Carter, what are the most likely scenarios for the coming weeks?
**Dr. emily Carter:** We could see a further postponement of Brexit to allow for more negotiation, a reluctant acceptance of a modified version of the current deal by Parliament, or a push towards a second referendum. The path forward remains highly unpredictable.
**World Today News:** Dr. Miller, what advice would you give to businesses navigating this turbulent period?
**Dr. Andrew Miller:** Businesses need to actively prepare for a range of possible outcomes. Diversifying supply chains, exploring alternative markets, and understanding the potential impacts of new regulations are essential steps.
### The Future of Brexit: Uncertainty Reigns
As the clock ticks down to the March 29 the deadline, the future of Brexit remains shrouded in uncertainty. A delay, while offering a temporary reprieve, underscores the complexities of disengaging from a long-standing partnership. The coming weeks will be crucial in determining the UK’s trajectory and its relationship with the EU.
**What are your thoughts on the potential delay of Brexit? Share your perspectives in the comments below!**
**For further reading:**
* “The Economic Impact of No-Deal Brexit: An Analysis” – Centre for Economic Policy Research
* “Brexit and the Future of the UK: A Political Perspective” – University of Oxford