Philip Hammond and Liam Fox have written a joint article for the Sunday Telegraph saying that although there will be a Brexit transitional arrangement, ‘it cannot be a back door to staying in the EU’.
‘We want our economy to remain strong and vibrant through this period of change’.
‘That means businesses need to have confidence that there will not be a cliff-edge when we leave the EU in just over 20 months’ time’.
‘That is why we believe a time-limited interim period will be important to further our national interest and give business greater certainty – but it cannot be indefinite; it cannot be a back door to staying in the EU’.
‘We are both clear that during this period, the UK will be outside the customs union, and will be a ‘third country’, not a party to EU treaties.’
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