EU Officials: Irish border backstop is flawed – The Times

Dhwani Mehta FXStreet

The Times reported key headlines from a confidential diplomatic note, citing:

The European Commission and other EU negotiators privately acknowledge that the preferred Brussels solution will not prevent a hard border after Brexit and could undermine the single market.

EU sources said that the backstop in its current form could potentially pave the way for a future trade deal that would give the UK many of the benefits of the single market without membership.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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