On Friday 2nd March, Theresa May started trade negotiations with the EU by acknowledging the “hard facts” of Brexit, however, encouraging compromise to assure an “enduring deal”.
The Prime Minister professed in a pragmatical speech in London that Britain would lose access to EU markets while remaining subjects to many of its rules and contributing funds. However, she also stated that EU leaders should allow Britain to match regulators in certain areas and deviate in others in a “unique and unprecedented partnership”.
Theresa May also set out proposals for “substantially similar” regulations as the EU for goods and offered the prospect of a generous migration settlement in EU citizens in the UK.
