Paris warns London about time for Brexit

Young journalists club

News ID: 25826
Publish Date: 19:57 - 11 July 2018
TEHRAN, July 11 - Time is running dangerously low for Britain to reach an agreement on its post-Brexit relations with Europe, French Finance Minister Bruno Le Maire said on Wednesday.

Paris warns London about time for BrexitTEHRAN, Young Journalists Club (YJC) - Speaking at a financial services conference in Paris, Le Maire said that London’s detailed Brexit proposals last week were positive but uncertainty remained.

“Time is running out, and the ongoing uncertainty is no good for anyone, in particular for business,” Le Maire said.

“We want an agreement with the UK but let’s be clear: this agreement has to fully respect the EU’s integrity and rules.”

He added that for financial services that meant “the only way forward is one based on reviewed and improved equivalence mechanisms.”

(Source: Reuters)

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