Why is the Government talking about a Brexit transition period at all?
BOTH friend and foe of Brexit have hailed the transition agreement as an important and helpful stepping stone, either a fair compromise or a merely transitory blink of an eye in the graceful process of exiting the EU. I hope they are right but I suspect they are wrong.
Let us not beat about the bush. The transition is symbolic of the wrong-headed approach of our leaders to the leaving process.
The truth is that there was absolutely no need for a transition at all had our Government possessed the first clue about negotiating at the very beginning of the process. By defining success as a trade arrangement and, worse, as a “special and close relationship”, the EU was granted the greatest power in the negotiations, as these matters were themselves in the gift of the EU. The only leverage left to the UK under such circumstances was money and we have so far capitulated £40billion in the mode of a defeated nation.