EU agreed no sum needed to move talks forward: British Brexit minister

Reuters News
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Posted: Nov 12, 2017 5:50 AM

LONDON (Reuters) - The European Union agreed that Britain would not have to come up with a figure for a financial deal to leave the bloc before moving talks on to discuss a trade deal, Brexit minister David Davis said on Sunday.

Speaking to Sky News, Davis said Britain agreed to the sequencing of talks demanded by the EU but had told the bloc's negotiators it would not come up with a figure to push them beyond 'phase one'.

"We said: alright. we'll do this sequencing, but don't imagine you will have a number or a formula (for the financial settlement) at the end of it. We'll get towards that process but you won't have a number or a formula before we move on to the next stage. They accepted that," he said.

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(Reporting by Elizabeth Piper; Editing by Robin Pomeroy)