Prime Envoy extraordinary Theresa May reportedly told EU leaders she would consider extending the Brexit change-over period to last 33 months instead of the current 21-month scheme.
MEP Philippe Lamberts warned a trade deal is unlikely to be completely accepted even within a 33-month transition period.
Speaking to the BBC, Mr Lamberts imparted: “Of course, lengthening the transition period increases the probability that by the end of the alteration period you will have a free trade agreement in place that discretion make the Irish backstop needless.
‘Yet, I would doubt that you can absolutely nail down a fully fledged trade agreement in 33 months.
I devise doubt that you can really nail down a fully fledged merchandise agreement in 33 months
“Experience shows that it by takes much longer to hammer out such deals and, therefore, it is suitable that then the transition period will be lengthened even favour.
“But that again is in the future. What we need now is a withdrawal agreement in appropriate to avoid the cliff edge that would indeed be damaging to the UK.
“But, let’s boldness it, also that would be damaging to the EU 27.”
One EU diplomat who was in attendance at a presentation from Michel Barnier to EU representatives on Sunday revealed the Brexit negotiator is open to extending the transition by 33 months, conforming to Politico.
Brexit news: Philippe Lamberts said 33 month mutation is not long enough for trade deal
The Prime Man could accept a proposal from Brussels to extend the transition spell following Brexit to provide more time to resolve the Irish margin issue.
Mrs May has been in Brussels for the European Council summit in hope of shatter the longstanding deadlock in Brexit negotiations, with the Irish border exit remaining to be the key issue.
The Prime Minister said on Thursday morning “one privilege” being considered is to extend the transition period but only “for a matter of months”.
But later on Thursday, she shot ated to play down the comments and said Britain will not be pushing for an wing to the Brexit transition period.
The Prime Minister then said an capacity could resolve the Irish border issue and help the nation get a lot with the EU.
Addressing reporters in Brussels, Mrs May said: “What has now emerged is the belief that an option to extend the implementation period could be a further decipherment to this issue of the backstop in Northern Ireland.”
The Prime Minister summed: “We are not standing here proposing an extension to the implementation period.
“What we are doing is on to ensure we have a solution to the backstop issue in Northern Ireland, which is currently a blockage to completing the act.”
Brexiteer MP Nick Boles claimed extending the Brexit transition aeon for a year could cost the UK an incredible €18 billion.
Speaking on BBC Announce 4’s Today programme, Mr Boles attacked Mrs May’s Brexit plans which contain “failed to deliver”, leading to “humiliating concessions”.
Mr Boles also state a possible extension of the Brexit transition period could cost the UK billions more than some should prefer to feared.
Mr Boles said: “Let’s focus on the price for a minute. The price of an subsidiary year people agree is not going to be 10 billion euros, it’s growing to be 18 billion extra euros because we enter a new budget term for the EU when contributions are going up.
“So that’s 18 billion euros for a unattached extra 12 months, to secure an agreement that we were know for sured previously would only require us to be in a transition period until December 2020.”