The European Union is set to give the U.K. three more months to exit the bloc, according to a draft document seen by CNBC.
European ambassadors are due to meet Monday morning to discuss once again the U.K.’s request to have more time to prepare its departure. A draft document prepared ahead of that meeting, signed on October 27, shows that the EU is set to grant a third Brexit delay, “which ends at the latest on 31 January 2020.”
“With a view to allowing for the finalisation of all steps necessary for the ratification of the Withdrawal Agreement, including the obtaining of the consent of the European Parliament, the European Council agrees to a further extension,” the document says.
“It notes that the Withdrawal Agreement will enter into force on the first day of the month following the completion of the ratification procedures by the Parties during this period, which ends at the latest on 31 January 2020,” the same document states.
The U.K. asked the EU earlier this month to be given until January 31 to leave the EU. A few days later, the U.K. Parliament voted in favor of Prime Minister Boris Johnson’s revised Withdrawal Agreement, but said once again that it needed more time to approve all the necessary legislation.
The U.K. was scheduled to leave the EU on October 31 – after being granted two previous Brexit extensions.
Nonetheless, the European Union is set to exclude any future renegotiation on the U.K.’s departure.
“The European Council firmly states that it excludes any reopening of the Withdrawal Agreement in the future and recalls that any unilateral commitment, statement or other act by the United Kingdom should be compatible with the letter and the spirit of the Withdrawal Agreement, and must not hamper its implementation,” the document said.
The 27 European countries had concluded with the U.K. government last year a deal stating how the latter should leave the EU – the Withdrawal Agreement. However, the U.K. government, under the leadership of Theresa May, failed to get it ratified by the U.K. parliament due to the controversial Irish backstop.
The EU ended up revising that agreement with the new U.K. government, led by Boris Johnson – which was concluded earlier this month.
According to the same draft document, the EU is set to remind the U.K. that for as long as it remains a member of the EU, it has the “obligation” to suggest a commissioner to be based in Brussels.