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Government Ratification “Very Likely” to Be Necessary

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Britain’s parliament will “very likely” have to ratify an eventual agreement between the United Kingdom and the European Union when the country leaves the bloc, a British government lawyer said on Tuesday.

James Eadie, who is representing Prime Minister Theresa May’s government in a High Court challenge over who has the right to trigger divorce talks, said members of parliament would very probably be allowed a say on the final exit deal.

“The government view at the moment is it is very likely that any such agreement will be subject to ratification” Eadie said.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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