UK's Cox abandons time-limit demand on Irish backstop – The Telegraph

On the latest Brexit update, the Telegraph reported that the UK Attorney General Geoffrey Cox has abandoned demands for time-limit on the critical Irish backstop issue.
The UK news report mentions that:
- UK Attorney General has abandoned attempts to secure a hard time-limit or unilateral exit mechanism from the Irish backstop, The Telegraph has been told.
- The Attorney General is understood to be focusing on securing an enhanced "arbitration mechanism".
- Ministers briefed on Geoffrey Cox's approach said that those aims, which represent the central demands of Eurosceptics, are considered too "blunt" and have been rejected by the European Union.
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Anil Panchal
FXStreet
Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

















