UK’s Cox to issue new legal advice on to break off Irish backstop – UK Telegraph

Anil Panchal FXStreet

With the Eurosceptic Tory members of the UK parliament (MPs) continue to raise barriers for future Brexit developments, the British Attorney General Geoffrey Cox was reported by the UK Telegraph as preparing a legal advice that can help the Prime Minister Theresa May.

The report says that Geoffrey Cox is attempting to win over Eurosceptic Tory MPs and the DUP with new legal advice stating that Britain will be able to break off from the Irish backstop under the terms of the Vienna Convention, The Telegraph can disclose.

It further added, in the advice the Attorney General states that Britain will be able to end the backstop if it having a "socially destabilising effect on Northern Ireland", which would be considered a "fundamental change" of circumstances under the terms of the treaty.

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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.

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