Author (Corporate) | United Kingdom: House of Commons: Foreign Affairs Committee |
---|---|
Publisher | The Stationery Office (TSO) |
Series Title | 9th Report |
Series Details | (2016-17) HC1077 |
Publication Date | 12/03/2017 |
Content Type | Policy-making |
The Foreign Affairs Committee of the United Kingdom House of Commons issued a report Article 50 negotiations: Implications of ‘no deal on the 12 March 2017. The Committees reported that even with all sides entering negotiations with goodwill and the desire for a successful outcome, that negotiations could stall or be derailed and the two years could end with no deal between the UK and the 27 Member States. By the end of March 2017, the UK would tender the official notification to the EU of its intention to leave. The two year negotiating period would be short, complex and challenging. The FAC Report was the first Select Committee Report to focus specifically on the implications of 'no deal' for the UK with reference to a range of different sectors, policy areas and circumstances. The consequences of 'no deal' The full potential implications of 'no deal', explored in detail in the annexes to the report, included: + Ongoing disputes over the exit 'bill' Separately, The Independent published on the 12 March 2017 what it called a leak of an unpublished HM Treasury report which warned of painful 'economic shock' if the UK crashed out of the EU without a deal. |
|
Source Link | https://www.publications.parliament.uk/pa/cm201617/cmselect/cmfaff/1077/1077.pdf |
Related Links |
|
Countries / Regions | Europe, United Kingdom |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)