Government Ratification “Very Likely” to Be Necessary

Britain’s parliament will “very likely” have to ratify an eventual agreement between the United Kingdom and the European Union when the country leaves the bloc, a British government lawyer said on Tuesday.

James Eadie, who is representing Prime Minister Theresa May’s government in a High Court challenge over who has the right to trigger divorce talks, said members of parliament would very probably be allowed a say on the final exit deal.

“The government view at the moment is it is very likely that any such agreement will be subject to ratification” Eadie said.


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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.