The European Parliament set out its negotiation plan for the Brexit. Even though the European Parliament does not participate in the Brexit negotiations, the European Parliament will have to vote in favour of the final deal.
The main points are:
- transitional arrangements should be time-limited to three years, with the EU's Court of Justice having jurisdiction;
- UK citizens in the EU and EU citizens in Britain should receive "reciprocal" treatment;
- the final deal should not include a "trade-off" between trade and security co-operation;
- the UK should adhere to EU environmental and anti-tax evasion standards to get close trade ties;
- the European Banking Authority and European Medicines Agency should be moved out of London;
- the UK should pay towards costs for the EU that "arise directly from its withdrawal".
For more on Europe’s negotiation plan, follow the link.