Connect with us

Hi, what are you looking for?

World

Brexit deal ‘good news for French economy’, says minister

-

A proposed Brexit withdrawal agreement is "good news for the French economy", but Paris must keep an eye on its implementation, Finance Minister Bruno Le Maire said Thursday.

The fact that an agreement has been found "is good news for the French economy, good news for all French firms. It's in everyone's interest that Brexit should go ahead smoothly", he told France 2 television.

"It should allow both us Europeans and Britain to find a way out which is in everybody's interest," he added.

But echoing comments made Wednesday by government spokesman Benjamin Griveaux, Le Maire also warned that France should be "cautious" ahead of full agreement on the Brexit deal and "guard French and European interests".

"If Britain remains in the customs' union, we must be sure that Britain respects all European rules", including "fiscal rules and environmental norms", he said.

The deal "must not weaken our common market", he added.

The near 600-page draft, negotiated with Brussels, covers citizens' rights, concerns over Northern Ireland, and plans for a post-Brexit transition period during which both sides hope to agree a new trade deal.

On Wednesday, Griveaux described news of the deal as "encouraging", adding that France should nevertheless remain "very careful" about its detailed implementation.

British Prime Minister Theresa May faces an uphill struggle in trying to sell her Brexit deal to parliament.

Two ministers, including Brexit minister Dominic Raab, have resigned in protest against the agreement.

A proposed Brexit withdrawal agreement is “good news for the French economy”, but Paris must keep an eye on its implementation, Finance Minister Bruno Le Maire said Thursday.

The fact that an agreement has been found “is good news for the French economy, good news for all French firms. It’s in everyone’s interest that Brexit should go ahead smoothly”, he told France 2 television.

“It should allow both us Europeans and Britain to find a way out which is in everybody’s interest,” he added.

But echoing comments made Wednesday by government spokesman Benjamin Griveaux, Le Maire also warned that France should be “cautious” ahead of full agreement on the Brexit deal and “guard French and European interests”.

“If Britain remains in the customs’ union, we must be sure that Britain respects all European rules”, including “fiscal rules and environmental norms”, he said.

The deal “must not weaken our common market”, he added.

The near 600-page draft, negotiated with Brussels, covers citizens’ rights, concerns over Northern Ireland, and plans for a post-Brexit transition period during which both sides hope to agree a new trade deal.

On Wednesday, Griveaux described news of the deal as “encouraging”, adding that France should nevertheless remain “very careful” about its detailed implementation.

British Prime Minister Theresa May faces an uphill struggle in trying to sell her Brexit deal to parliament.

Two ministers, including Brexit minister Dominic Raab, have resigned in protest against the agreement.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

World

Let’s just hope sanity finally gets a word in edgewise.

Tech & Science

The role of AI regulation should be to facilitate innovation.

Social Media

The US House of Representatives will again vote Saturday on a bill that would force TikTok to divest from Chinese parent company ByteDance.

World

Members of the National Guard patrol the streets during an operation to arrest an alleged cartel leader in the Mexican city of Culiacan in...