AGL 39.71 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 189.85 Increased By ▲ 0.42 (0.22%)
BOP 9.83 Decreased By ▼ -0.51 (-4.93%)
CNERGY 7.01 Decreased By ▼ -0.20 (-2.77%)
DCL 10.24 Increased By ▲ 0.03 (0.29%)
DFML 41.31 Decreased By ▼ -0.49 (-1.17%)
DGKC 105.99 Decreased By ▼ -2.64 (-2.43%)
FCCL 37.72 Decreased By ▼ -0.87 (-2.25%)
FFBL 93.41 Increased By ▲ 3.50 (3.89%)
FFL 15.00 Decreased By ▼ -0.02 (-0.13%)
HUBC 122.30 Decreased By ▼ -0.93 (-0.75%)
HUMNL 14.31 Decreased By ▼ -0.14 (-0.97%)
KEL 6.32 Decreased By ▼ -0.02 (-0.32%)
KOSM 8.12 Decreased By ▼ -0.28 (-3.33%)
MLCF 48.78 Decreased By ▼ -0.69 (-1.39%)
NBP 72.31 Decreased By ▼ -2.51 (-3.35%)
OGDC 222.95 Increased By ▲ 9.54 (4.47%)
PAEL 33.62 Increased By ▲ 0.63 (1.91%)
PIBTL 9.67 Increased By ▲ 0.60 (6.62%)
PPL 201.45 Increased By ▲ 1.52 (0.76%)
PRL 33.80 Decreased By ▼ -0.75 (-2.17%)
PTC 26.59 Decreased By ▼ -0.62 (-2.28%)
SEARL 116.87 Decreased By ▼ -1.32 (-1.12%)
TELE 9.63 Decreased By ▼ -0.25 (-2.53%)
TOMCL 36.61 Increased By ▲ 1.19 (3.36%)
TPLP 11.95 Decreased By ▼ -0.62 (-4.93%)
TREET 24.49 Increased By ▲ 2.20 (9.87%)
TRG 61.36 Increased By ▲ 0.46 (0.76%)
UNITY 36.06 Decreased By ▼ -0.63 (-1.72%)
WTL 1.79 No Change ▼ 0.00 (0%)
BR100 12,150 Decreased By -15.1 (-0.12%)
BR30 38,093 Increased By 312.6 (0.83%)
KSE100 114,302 Increased By 121.3 (0.11%)
KSE30 35,805 Increased By 104.1 (0.29%)

LONDON: British Prime Minister Rishi Sunak on Monday defended Brexit, insisting that leaving the EU had brought significant achievements and offered a “huge opportunity”, three years after the withdrawal agreement entered force.

“In the three years since leaving the EU, we’ve made huge strides in harnessing the freedoms unlocked by Brexit to tackle generational challenges,” Sunak said in a statement ahead of Tuesday’s three-year anniversary since the country formally left the EU.

He said Brexit was a “huge opportunity to deliver” on his priorities on growth, employment and social mobility.

The prime minister – who will also mark 100 days in office this week – said the UK had “forged a path as an independent nation with confidence” and “that momentum hasn’t slowed”.

He said this included Europe’s fastest vaccine rollout, trade deals with 70 countries and “taking back control of our borders”.

The statement came as Sunak faces numerous challenges, with thousands of UK workers launching waves of strike action over pay outpaced by soaring inflation as the cost-of-living crisis hits millions.

Sunak did not mention the problems in Northern Ireland surrounding post-Brexit trading agreements that have led to months of negotiations between London and Brussels.

A YouGov poll last week found 63 percent think the government is handling the issue of Brexit badly.

In a jargon-heavy statement, Sunak said progress had been made in “a range of key growth areas”.

He cited economic reforms including the opening of free ports that exist outside normal tax and customs territory, as well as regulatory reforms to the financial sector.

Britain and EU unlikely to change Brexit deal much, despite issues

Sunak also included a bill going through parliament to scrap all the EU laws automatically retained post-Brexit and a new system of subsidies to business without “unnecessary EU bureaucracy”.

The UK is still pushing for association with the EU’s Horizon Europe scientific research exchange programmes, Sunak added, but is “working hard on developing a domestic alternative”.

Britain has complained of being excluded in breach of the post-Brexit deal from the flagship programme that funds research, nuclear regulator Euratom and the Copernicus satellite monitoring group.

Comments

Comments are closed.