Negotiations course. Plagriasm free answer please. At least 1 page. 11:42 3. The

Question

Negotiations course. Plagriasm free answer please. At least 1 page. 11:42 3. The United Kingdom (the UK) is engaged in a negotiation with the European Union (the EU) over "Brexit." Please address the following questions. In your answer, please list three sources cited, e.g., the Wall Street Journal, The New York Times, CNN. a.) What is the current status of that negotiation? b.) What is the current formal position of the UK in this negotiation? c.) What is the current formal position of the EU in this negotiation? d.) What are some of the key underlying interests of the UK in this negotiation? e.) What are some of the key underlying interests for the EU in this negotiation? f.) What is the BATNA of the UK? g.) What is the BATNA of the EU? h.) How would you expect this negotiation to ultimatelv end? Whv?

Explanation / Answer

a. The current state of Brexit negotiations is that the UK has voted its decision to leave the European Union. The depart is scheduled on 29 March, 2019. There are 3 issues on which both the parties have agreed:

b. UK economy has grown 1.6% after Brexit vote, proving the speculations of economic crisis as false. UK wants the transition period i.e. the period after formal separation to get everything, back to normal, to last till the time everything sets in place. Also UK wants to agree on a status quo arrangement to favor the corporates. UK has also demanded to become eligible to strike trade deals.

c. EU wants the transition period to end by Dec, 2020. EU wants that UK should follow its rules and regulations till the transition period ends. EU has not objected to UK’s plea of becoming eligible for trading with other countries.

d. Key underlying interests of UK in Brexit:

e. Key underlying interests of EU in Brexit:

https://www.theguardian.com/politics/eu-referendum

http://www.bbc.com/news/uk-politics-32810887

https://www.bloomberg.com/news/articles/2017-04-25/what-are-the-key-brexit-issues-and-where-do-the-u-k-and-eu-stand

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