UK PM May says UK will cease to be an EU member in 2019, UK will leave the single market and customs union; EEA/Canadian-style membership doesn't suit UK (expand for more comments)

- A period of implementation would be in UK/EU mutual interests period of access to each others markets should continue on same terms
- Length of transition period -- "likely to be around two years" -- would depend on how long it takes to put new arrangements in place
- UK will continue to honour budget commitments during period of UK's membership
- UK able to meet any eventual outcome of Brexit talks

- Negotiations have been tough but has made progress; need to move on and talk about future relationship
- Says there is no need to impose tariffs where we have none now
- We need new ways of managing differences over trade; need a strong dispute resolution mechanism
- EU withdrawal Bill ensures rules will be transferred over to UK after it leaves EU
- May says negotiations has made progress, but has been tough
- UK will leave the single market and customs union
- Guarantee on EU nationals rights is real
- UK will protect progress made in Ireland - UK will see through its Irish commitments
- Says speech comes at a critical time in evolution of relationship between EU and UK
- It's in everyone's interest for Brexit to succeed
- UK wants more direct control of its decision-making
- May says UK doesn't want to stand in the way of EU reform, UK wants to be a strong friend; success of EU is in UK interests
- Repeats: UK leaving EU, but not Europe; UK is not turning its back on Europe
- May looks to Brexit with optimism

22 Sep 2017 - 14:28- Forex- Source: Newswires

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