Theresa May says postponed Brexit vote to be held week of Jan. 14

With time growing short toward Britain's scheduled March 29 departure, it remains unclear whether the country will leave with a deal or crash out with no deal. (File/AP)
Updated 17 December 2018
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Theresa May says postponed Brexit vote to be held week of Jan. 14

LONDON: Prime Minister Theresa May said Monday that the postponed vote in Parliament on Britain's Brexit agreement with the European Union will be held the week of Jan. 14 — more than a month after it was originally scheduled and just 10 weeks before Britain leaves the EU.
But even as May insisted she could salvage her unpopular divorce deal, pressure was mounting for dramatic action — a new referendum or a vote among lawmakers — to find a way out of Britain's Brexit impasse and prevent the economic damage of a messy exit from the EU on March 29 with no agreement in place.
The British government and the EU sealed a divorce deal last month, but May postponed a parliamentary vote intended to ratify the agreement last week when it became clear legislators would overwhelmingly reject it.
She tried to win changes from the EU to sweeten the deal for reluctant lawmakers, but was rebuffed by the bloc at a summit in Brussels last week. May's authority also has been shaken after a no-confidence vote from her own party on Wednesday that saw more than a third of Conservative lawmakers vote against her.
May told lawmakers in the House of Commons on Monday that they would resume debate on the deal when Parliament comes back after its Christmas break the week of Jan. 7, with the vote held the following week.
"I know this is not everyone's perfect deal," May said. "It is a compromise. But if we let the perfect be the enemy of the good then we risk leaving the EU with no deal."
Opposition legislators — and many from May's Conservative Party — remain opposed to the deal, and accused May of deliberately wasting time by delaying the vote for several more weeks.
"The prime minister has cynically run down the clock trying to maneuver Parliament into a choice between two unacceptable outcomes: her deal and no deal," Labour Party leader Jeremy Corbyn said.
A growing number of politicians from across the political spectrum believe a new referendum may be the only way to break the political logjam over Brexit.
But May told lawmakers that staging another referendum would ride roughshod over voters' 2016 decision to leave the EU and "would say to millions who trusted in democracy that our democracy does not deliver."
May's deal is loathed both by pro-Brexit lawmakers, who think it keeps Britain bound too closely to the bloc, and pro-Europeans, who see it as inferior to staying in the EU.
The main concern for pro-Brexit lawmakers is a contentious insurance policy known as the "backstop," which would keep the U.K. tied to EU customs rules in order to guarantee the border between Ireland and Northern Ireland remains open after Brexit.
EU officials insisted at last week's summit that the withdrawal agreement cannot be renegotiated, although they also stressed that the backstop was meant only as a temporary measure of last resort.
May said she had had "robust" exchanges with other EU leaders in Brussels, but that the two sides were still holding talks about "further political and legal assurances" about the backstop.
European Commission chief spokesman Margaritis Schinas, however, said Monday that "at this stage, no further meetings with the United Kingdom are foreseen."
With Britain's departure from the bloc just three months away, it remains unclear whether the country will leave with a deal or crash out with no deal— a chaotic outcome that could see economic recession, gridlock at U.K. ports, planes grounded and shortages of essential goods.
The Cabinet will discuss "no-deal" planning at its weekly meeting on Tuesday, with details to be announced soon of 2 billion pounds ($2.5 billion) in government funding to absorb some of the potential economic shock.
Pro-EU Cabinet ministers, meanwhile, are seeking to work with opposition politicians to find a way out of the morass.
One suggestion is to give members of Parliament votes on a range of options — from leaving without a deal to holding a new referendum — to see if there is majority support for any course of action.
May's spokesman, James Slack, said Monday that the government had "no plans" to hold such an indicative vote. But the idea has support in Cabinet.
"We can't just have continuing uncertainty and I think Parliament should be invited to say what it would agree with," Business Secretary Greg Clark told the BBC.
He said that "I think businesses up and down the country would expect elected members to take responsibility, rather than just be critics."


Philippines signs free trade pact with UAE

Updated 4 sec ago
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Philippines signs free trade pact with UAE

  • UAE deal is Philippines’ fourth free trade pact, after South Korea, Japan, and EFTA
  • Business body warns of uneven gains if domestic safeguard mechanisms insufficient

MANILLA: The Philippines signed on Tuesday a comprehensive economic partnership agreement with the UAE, its first such deal with a Middle Eastern nation.

The Philippines and the UAE first agreed to explore a free trade pact in February 2022 and formalized the process with terms of reference in late 2023. Negotiations started in May 2024 and were finalized in 2025.

The CEPA signing was witnessed by President Ferdinand R. Marcos Jr. who led the Philippine delegation to Abu Dhabi.

“The CEPA is the Philippines’ first free trade pact with a Middle Eastern country, marking a milestone in expanding the nation’s global trade footprint,” Marcos’s office said.

“The agreement aims to reduce tariffs, enhance market access for goods and services, increase investment flows, and create new opportunities for Filipino professionals and service providers in the UAE.”

The UAE is home to some 700,000 Filipinos, the second-largest Filipino diaspora after Saudi Arabia.

With bilateral trade worth about $1.8 billion, it is also a key trading partner of the Philippines in the Middle East, and accounted for almost 39 percent of Philippine exports to the region in 2024.

The Philippine Department of Trade and Industry earlier estimated it would lead to at least 90 percent liberalization in tariffs and give the Philippines wider access to the GCC region.

“Preliminary studies indicate the CEPA could boost Philippine exports to the UAE by 9.13 percent, generate consumer savings, and strengthen overall trade linkages with the Gulf region,” Marcos’s office said.

The Philippine Chamber of Commerce and Industry-Makati expects the pact to bring stronger trade flows, capital and technology for renewable energy, infrastructure, food, and water security projects as long as domestic policy supports it.

“CEPA can serve as a trade accelerator and investment catalyst for the Philippines,” Nunnatus Cortez, the chamber’s chairman, told Arab News.

The pact could result in “expanding exports, attracting capital, diversifying economic partners, upgrading industries, and supporting long-term growth — provided the country actively supports exporters and converts provisions into concrete commercial outcomes,” said Cortez.

“The main downside risk of CEPA lies in domestic readiness. Without strong industrial policy, MSME (Micro, Small and Medium Enterprises) support, safeguard mechanisms, and export development, CEPA could lead to import dominance, uneven gains, fiscal pressure, and limited structural transformation.”

The deal with the UAE is the Philippines’ fourth bilateral free trade pact, following agreements with South Korea, Japan, and the European Free Trade Association, which comprises Iceland, Liechtenstein, Norway, and Switzerland.