The head of the EC spoke in favor of extending the transition period after "Brexit" | FREE NEWS

The head of the EC spoke in favor of extending the transition period after “Brexit”

Ursula von der Leyen expressed concern that there was little time left for negotiations.

PARIS -The 11-month transition period set aside for post-“Brexit” negotiations between the UK and the EU is extremely short and may have to be extended. The head of the European Commission (EC) Ursula von der Leyen in an interview with the newspaper Les Echos, published on Friday, expressed her opinion.

“I am very concerned about how little time we have left for negotiations. It’s not just about a trade agreement, but a lot of other topics,” she said. – I think that both sides should seriously ask themselves whether all these negotiations are possible in such a short time [“Brexit” will take place on January 31, and the transition period will last until the end of 2020]. I think it would be wise to take stock in the middle of the year and, if necessary, agree to extend the transition period.”

The head of the EC recalled that to access the single European market, London will have to comply with EU rules and guarantee comparable conditions for the production of goods and services. Otherwise, we will have to agree on the introduction of duties and restrictive measures.

“I deeply believe in the need to maintain good relations with our neighbors,” von der Leyen said. – We have enough resources to promote our economy. And we would like to include our British friends in this environment.”

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