World - - Dec 19,2016
Negotiations regarding Brexit would be held next year; U.K.’s Prime Minister Theresa May could acquire an upper hand due to EU’s complex political system.
The negotiating team managed by EU has grown in terms of its member size. The chief negotiator at present is Michel Barnier, who would be accompanied by a representative of the EU’s rotary presidency along with a representative of the president of the European Council, European Parliament and European Commission.
According to the president of the European Council, Donald Tusk, the Commission must be the supreme body in the negotiations process but the role of the European Parliament has also been considered.
The three leading European bodies- the European Council, the Commission and the Parliament- would help out in the agreements by offering their separate levels of expertise.
However, these complexities of the European institutions could possible help Theresa May. “Obviously, Theresa May will have the advantage of the EU at 27 and the fact that there are 27 different opinions," were the words of Guntram Wolff, director of the Brussels-based think tank Bruegel.
There are also reports regarding the deportations of around 2.9 million EU nationals based in the U.K. It would be totally impractical if this issue is utilized as a “bargaining chip” during the Brexit negotiations.
Wolff also added that Theresa May might also gain benefit from the various elections which are scheduled to take place in the prime European countries next year. Brexit wouldn’t be an easy option for the British government as it can cost a bill ranging between 50 and 60 billion euros for outstanding liabilities.
An EU summit was held on Thursday in which Theresa May was also spotted. But the prime minister of U.K was sidelined from her other EU partners. May spoke during the summit meeting that she wants an early deal in order to curb reports which assume the finalizing of Brexit could take up to 10 years.