EU Parliament is to call for Britain to have 'privileged' single market access after Brexit

Dhwani Mehta FXStreet

Business Insider cites a source familiar with the European Parliament's activities, as saying that the EU Parliament is putting together a 60-paragraph document outlining its desire for an "association agreement" with post-Brexit Britain.

Key Points:

“The Parliament wants the EU to negotiate an 'association agreement' which could give Britain "privileged" single market access and membership of EU agencies.

The resolution marks a break from the position of the EU's chief Brexit negotiator.

The Parliament's plans were revealed to British MPs during meetings in Brussels this week.”

The source said, “The document will be a "very detailed" explanation of the future relationship the Parliament wants to have with Britain after Brexit.”

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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