Thread: BREXIT
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Old 10th Sep 2019, 20:42
  #2158 (permalink)  
Ecce Homo! Loquitur...
Join Date: Jul 2000
Location: Peripatetic
Posts: 11,001
Honour your 40 odd billion committment
There is no commitment, check the WA, it is never mentioned.

The UK has commitments for budget items such as pensions etc, it has ongoing payments for continuing membership of certain programmes, if forced to leave these programmes some will require negotiation as to repayment of capital value etc.

There is disagreement over the total amount due, the division of capital assets and the duration, timing and extent of payments. Some suggest as low as 6-12B, others up to 39B, but these are still matters unsettled.

In such matters payments are made after agreement on the above. If the WA is. It signed, then smaller piecemeal agreements will be need to be negotiated and signed. I would imagine, in the fraught circumstances, this might take several years as they are used as bargaining chips by both sides.
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