Fri, 02-Dec-2022
Tuesday 28 Jan 2020 , 7:05 am

EU Warns UK it Will ‘Never, Never, Never’ Compromise on Single Market

Michel Barnier, speaking in the British region of Northern Ireland widely seen as most at risk from Brexit, warned negative consequences were unavoidable.
By SIN Bureau
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The European Union will “never, never, never” compromise on the integrity of its single market, its chief Brexit negotiator warned Britain on Monday, saying London must now face reality after underestimating the costs of leaving.

Michel Barnier
Source: Official Twitter Account of Michel Barnier

Some British politicians have suggested Brussels might be flexible on its rules in order to protect trade flows in talks due to begin in the coming weeks after Britain’s formal exit from the bloc on Friday.

But Michel Barnier, speaking in the British region of Northern Ireland widely seen as most at risk from Brexit, warned negative consequences were unavoidable.

“There will be no compromise on the single market. Never, never, never,” Barnier told an audience at Queen’s University Belfast, describing the single market as the foundation of EU’s international influence.

“Leaving the single market, leaving the customs union will have consequences. And what I saw ... in the last year, is that many of these consequences have been underestimated in the UK,” he said. “Now we have to face the reality.”

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Neha Mule

Neha writes articles on sectors including medicine, food, materials, and science & technology. A qualified statistician, she has the ability to observe and analyze the trends in global markets and write compelling articles that help CXOs in decision making. She is a bookworm and loves to read fiction, lifestyle, science and technology. Neha comes with 6 years of experience in content writing and editing that involves blog writing, preparation of study materials and OERs.

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