UK needs to pay $120 billion compensation fee to Brexit the EU

Global Economic Security

Battlefield - EU & ME

According to media reports, the European Union could demand from the United Kingdom up to 100 billion euros ($120 Billion) as a final payment!

British Foreign Secretary, Boris Johnson has commented on the Brexit negotiations, relations with Moscow and the Iran nuclear deal. The minister added that it was up to the European Union to look at the UK’s offer on Brexit and make progress.

Brexit negotiations officially started in June 2017 and are due to be completed by late March 2019. Following the fourth round of talks in late September, UK Brexit Secretary David Davis stated that the two parties managed to achieve considerable progress on a number of issues, including “increasing certainty for citizens & businesses,” as well as issues related to Northern Ireland and the Republic of Ireland.

According to the Foreign Secretary, “the UK couldn’t have normal relations with Russia, but the UK understands that they should keep a dialogue.” Johnson was supposed to visit Russia in April, however, it was canceled following the US Missile attack on the Syrian military base Ash Sha’irat. Moscow criticized the move and noted that a wide range of joint counter terror tools “have been blocked unilaterally by the UK some time ago.”

Johnson also has commented on the prospects of the Iran nuclear deal after the US administration had decided on October 13 not to certify the agreement. “The JCPOA [Joint Comprehensive Plan of Action ] remains alive, it remains intact and it is our intention on this side of the house and indeed our intention in this government working with our friends and China and Russia as well as with the rest of the European Union to keep that deal alive.

Sputnik News / AA Magnum Blog News 2017.

Leave a Reply