"Awful Lot Of Progress" Made On First Day Of Brexit Talk As EU, UK Agree On Priorities, Timetable

Tyler Durden's picture

The first day of official Brexit talks is over, and according to statements it appears to have been a useful session, even though the real work is only just starting. The highlights from Reuters:

  • UK SOURCE SAYS GENERAL MOOD IN FIRST DAY OF BREXIT TALKS WAS "INCREDIBLY POSITIVE", MADE "AWFUL LOT OF PROGRESS" ON MANY AREAS
  • UK SOURCE SAYS BOTH SIDES AGREED THE CLOCK WAS TICKING ON BREXIT AND NEED TO PUSH ON WAS IN BOTH SIDES' INTERESTS
  • UK SOURCE SAYS BRITAIN STOOD BY DEMAND THAT TALKS ON FUTURE RELATIONSHIP RUN IN PARALLEL WITH TALKS ON BRITAIN'S WITHDRAWAL FROM EU
  • BARNIER SAYS MEETING WITH DAVIS WAS IMPORTANT OPENING SESSION
  • BARNIER SAYS CLOCK IS TICKING FOR BREXIT DEAL
  • BARNIER SAYS WE MUST ENSURE BREXIT COMES IN ORDERLY MANNER
  • BARNIER SAYS PROTECTION OF IRISH GOOD FRIDAY AGREEMENT AND MAINTAINING COMMON TRAVEL AREA MOST IMPORTANT OF IRISH BREXIT ISSUES
  • BARNIER SAYS NEXT PHASE OF TALKS WILL BE ON FUTURE PARTNERSHIP

Among other things, the EU and UK have agreed on provisional dates for Brexit talks among the three negotiating groups, which are July 17, Sept 18 and Oct. 19, and will include talks on financial settlement and citizens' rights.

Reuters also notes that Britain has demanded for talks on the future relationship should run parallel with Brexit talks.

As noted earlier, here is a "simplified" summary of the ongoing EU-UK negotiations:

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Joe Davola's picture

Did they decide on the shape of the table yet?  If not, all talk of progress is moot.

SparticusUK's picture

Day one is all about where the restrooms are, what sort of biscuits will be served and what time the coffee breaks will be.

A choice of beverages & digestives at 10:30 sharp means Teresa May = nailing it!

Cognac at 9:30 if Junckers gets his way.

Bank_sters's picture

Just wait until the unelected EU overlords give Britain the bill.

DavidC's picture

Waffle, waffle, bullshit, bullshit, mumble, mumble, cheeseburger.

DavidC

Cordeezy's picture

IF this doesn't crash the markets, I dont know what will.

 

 

www.escapeamazon.com/read-this

 

 

BritBob's picture

There is a trade imbalance in favour of the European Union so it is in the interest of the EU to make amicable arrangements with the United Kingdom. What's more, the UK can do its own trade deals on a one-to-one basis instead of having the EU to deal 27 member states before it makes a trade deal.

Hard or soft Brexit the road ahead might be a little bumpy especially when one country (or part of a country in Belgium re the Canada EU deal) can stall negotiations for so long. Spain could act in a similar fashion over Gibraltar and has the cheek to maintain its Gibraltar sovereignty claim. Claim?

Gibraltar - Some Relevant International Law: https://www.academia.edu/10575180/Gibraltar_-_Some_Relevant_Internationa...

So it could be a quick hasta luego !

 

adonisdemilo's picture

If the EU apparatchiks get the idea that they are calling the shots, we can always tell them to fuck off. 

Glyndwr will return's picture

Paint your wall and watch it dry. It's reliable , predictable and above all honest work. Do the same tomorrow . And the day after . When you get bored of simple honesty just switch on the box, watch Sky or BBC report on Brexit. And realise that next to God, drying paint is as good as it's going to get.

SmittyinLA's picture

We agree we wanna fuck each other forever

Glad that's cleared up