The Brexit transition period could be extended until the end of 2022, EU chief Brexit negotiator Michel Barnier suggested at a special meeting with ambassadors of the EU four member states. The extension would allow more time to negotiate a trade deal with the UK. But it would also mean Britain being obliged to follow EU rules and to contribute to the EU budget for longer, while having no say in EU decision-making. The EU and UK are continuing with negotiations ahead of a special summit on 25 November, when a deal is intended to be finalised.
The Brexit transition period could be extended until the end of 2022, EU chief Brexit negotiator Michel Barnier suggested at a special meeting with ambassadors of the EU 27 member states. The extension would allow more time to negotiate a trade deal with the UK. But it would also mean Britain being obliged to follow EU rules and to contribute to the EU budget for longer, while having no say in EU decision-making. The EU and UK are continuing with negotiations ahead of a special summit on 25 November, when a deal is intended to be finalised.