European Union (EU) leaders have agreed to extend Brexit until Jan. 31, said the president today (10/28) - Photo by AP

JAKARTA (TheInsiderStories) – European Union (EU) leaders have agreed to extend Brexit until Jan. 31, said the president today (10/28). The decision came after a meeting of EU27 ambassadors, and days of speculation over whether French President Emmanuel Macon would veto the idea.

Donald Tusk said it Britain could leave before the deadline if a deal was approved by British’ House of Commons and House of Lords. Earlier, Member of Parliaments (MPs) has agreed to process Prime Minister Boris Johnson’ proposal for an early general election on Dec. 12.

The premier had repeatedly said the United Kingdom (UK) would leave on Oct. 31′ deadline, with or without a deal. Previously, UK and EU have reached a provisional deal on Brexit. The deal still has to pass through British parliament and be formally ratified by the member states of the block.

“Where there is a will, there is a deal – we have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to find solutions. I recommend that European Commission endorses this deal,” EU’ president Jean-Claude Juncker said on Oct. 17.

He adds, the deal means that there is no need for any kind of prolongation and is a fair and balanced agreement. Furthermore, he said, the deal will provides certainty on the Brexit deal.

“And I look forward to continue my conversations with Boris, because we will start the negotiations on the future relations immediately after the deal will have been approved,” said Juncker.

As known, UK with the organization in 1973. If the country leaves, it would be the first member state to withdraw from the block.

Brexit was originally due to happen on March 29, 2019, two years after former Prime Minister Theresa May triggered Article 50, the formal process to leave and kicked off negotiations. But the deadline has been delayed twice.

On Oct. 17, Johnson announced that a revised deal had been agreed between EU and his country. Most of economists and business groups believe no deal would lead to economic harm. The premier itself has prepared and extra GBP2.1 billion funding to prepare for a possible no-deal outcome.

by Linda Silaen, Email: linda.silaen@theinsiderstories.com