EU Lays Out Brexit Negotiation Guidelines Ahead of Talks

European Union chief Brexit negotiator Michel Barnier unveiled his first detailed vision of how talks with the U.K. will take shape.

“These directives are for the first phase of the negotiations only,” Barnier told reporters on Wednesday in Brussels.

Barnier’s draft negotiating mandate covers the main areas that need to be tackled by the two sides when discussions get under way after the British elections on June 8, and touches on the U.K.’s financial obligations, citizens’ rights and its border with Ireland.

Bloomberg

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam