David Davis: Future UK-EU deal will allow for “significant regulatory divergence” (12th April 2018)
At yesterday’s Wall Street journal event in London, UK Brexit secretary David Davis suggested that the future UK-EU deal will contrast from current regulations, however the relationship will continue to retain ‘mutual recognition of outcomes’.
Additionally, Davis highlighted that he wants the bulk of future UK-EU terms ‘nailed down’ by October- but acknowledged that ‘it won’t be in legal form at that point’. A final withdrawal agreement will need to be in place by March 29th 2019. The transition period is scheduled to run until the 31st December 2020.