British Brexit negotiators are closing in on securing a deal on the transition period and have surprised their European Union counterparts with their “strong will” to strike an agreement to effectively prolong Britain’s membership of the single market and customs union for about two years after March 29 2019.
London is targeting the March 22 European Council summit to secure agreement on the transition period, which is needed to give valuable time for the government and businesses to prepare for Brexit. During transition, Britain will lose all EU voting rights but will have to implement all new and existing EU laws.
Sources revealed that the European Commission, which leads Brexit talks on behalf... Telegraph.