EU, Britain agree draft deal on post-Brexit ties, await summit approval

Britain and the European Union have agreed a draft text setting out a close post-Brexit economic relationship, paving the way for a summit of EU leaders to endorse the deal, European Council President Donald Tusk said on Thursday.

Britain is due to leave the EU on March 29, 2019 and diplomats are trying to put the finishing touches to a divorce deal and the accompanying outline of their future relationship so that EU leaders can rubber-stamp them at a summit on Sunday.

After a Reuters report that negotiators from the European Commission and Britain had agreed a draft declaration on future ties, Tusk confirmed the deal had been agreed in principle.

The text, seen by Reuters, said the EU and Britain “agree to develop an ambitious, wide-ranging and balanced economic partnership.

source: Reuters