Ex-UK BrexitMin Davis: PM May's plans would make it difficult for UK to disagree with EU rules
Former UK’s Brexit Minister David Davis is on the wires now, via Reuters, justifying the reasons for his resignation
Key Headlines:
May's policy for Brexit has a number of weaknesses.
That it is not for him to say if other ministers should resign.
Says he told May that he'd be the "odd man out".
Says he took two days to consider whether or not to resign.
May's plans would make it difficult for Britain to disagree with EU rules.
Common rulebook with EU on goods is "problematic".
Fears that EU will demand further concessions in talks.
Says that the UK is giving too much away and too easily.
Hopes that his resignation will put pressure on the government not to make further concessions.
Suspects that there will be a special EU council meeting in November.
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.
