Brexit transition period can't be extended beyond 2020: EU

Britain Prime Minister Theresa May had asked for around two years for the exit.

The transition period for full Brexit can't be extended beyond 31 December 2020, says the European Commission’s negotiating directives.
 
Britain Prime Minister Theresa May had asked for around two years for the exit. 
 
EU chief negotiator Michel Barnier said the 2020 deadline seemed logical and would avoid complications in the next 2021-2027 EU budget period.
 
Barnier is negotiating Brexit with UK on behalf of the other 27 member states.
 
“The transition period is useful and it will enable the public administration in Britain to get prepared for the challenges they have to face,” Barnier told reporters in Brussels.
 
He said the four pages new directives were in tune with guidelines issued by EU leaders and will form the basis of talks likely to start next month.
 
Source: Media reports

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