LONDON — The U.K. will pay no upfront Brexit divorce bill to the European Union but will instead continue to act “as if [it] remained a member state” by meeting its ongoing liabilities as and when they arise for decades to come, according to a draft text of a joint agreement with the EU.
The clause forms part of a proposed draft agreement between London and Brussels that was circulated among U.K. officials Monday, the contents of which have been shared with POLITICO. It is a version of the text that was close to being finalized by Prime Minister Theresa May …read more
Source: POLITICO – Europe Edition
