UK Press: PM May urged to back fresh amendment to remove Irish backstop from deal

Dhwani Mehta FXStreet

According to the UK daily, the Express, the UK PM Theresa May has been urged to back a new amendment by 1922 Committee Chair Sir Graham Brady in removing the Irish backstop from her Brexit deal.

Sir Brady said: “My amendment on January 29 demonstrates that a majority can be found for the Withdrawal Agreement, as long as the backstop cannot be a permanent state.”

“It is difficult to see how introducing a bill in exactly the same shape as the current Withdrawal Agreement could secure a majority, as it has already been rejected three times.”

“So I have urged the Government to build on the success of my amendment by incorporating the necessary reassurance about the backstop on the face of the bill.”

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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