Michel Barnier identifies four crucial lessons that the EU must learn in order to mitigate fresh Brexit risks.

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Michel Barnier identifies four crucial lessons that the EU must learn in order to mitigate fresh Brexit risks.

MICHEL BARNER outlined four key lessons that the European Union must take away from Brexit in order to preserve the Union’s survival and avoid more member states from departing.

Michel Barnier underlined that it is not “too late” for France to build a solid relationship with the EU that protects its national sovereignty. Mr. Barnier stated that Brexit taught Brussels a number of key lessons that the bloc should take note of in order to avoid other member states following Britain’s lead. The former EU Brexit negotiator, speaking to The New Statesman, said: “There are two or three elements related to what I refer to as the Brexit lesson.

First, we need to be less naive in our business dealings. One of the most important aspects of our business relationships is reciprocity.

“Second, when it comes to industries or critical sectors, we need to know who is buying what in Europe.

“The third point is that we must invest jointly, as we did with the new fund established in response to the Covid problem.

“For the first time, we have chosen to spend 7.5 billion euros in the European Union’s future.

“Invest in important strategic sectors while also combating climate change. These are the appropriate modifications.” He continued, ” “The final issue is to develop a single migration policy. These are the four major areas where we must work together.” Mr Barnier, who is currently on a European tour to promote his memoirs about his time as a Brexit negotiator, also denied the possibility of renegotiating the contentious Northern Ireland protocol.

The protocol was incorporated in the UK’s Brexit trade agreement with Brussels last year as a safety clause that the EU believed vital to secure the Good Friday Agreement’s preservation.

Northern Ireland was essentially designated as a special trading zone under the provision, with the country remaining the only component of the UK to remain in the customs union and the single market.

Mr. Barnier stated, ” “The protocol isn’t the issue; it’s a solution to the issues brought on by Brexit.

“There is room for realistic and operational solutions to satisfy some of the British concerns.

“However, in my opinion, there is no way to accept any renegotiation of this protocol.”

On Tuesday, the leaders of Northern Ireland’s four main unionist parties signed a united statement opposing the protocol.

Sir Jeffrey, the head of the Democratic Unionist Party (DUP), has signed the proclamation. “Brinkwire News Summary.”

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