The financial provisions of the Withdrawal Agreement ensure that the UK and the EU honour all financial commitments made upon the UK`s accession to the EU. “We have unanimously reiterated that there will be no renegotiation of the withdrawal agreement,” Juncker said in Brussels after a meeting of EU leaders without May. During the transition period, the UK is no longer a Member State, but remains in the EU`s Customs Union and Single Market, remaining bound by obligations under all EU international agreements. France`s secretary of state for European affairs confirmed that the EU27 was not ready to reopen the Brexit withdrawal agreement and that without a “new political line” in Britain or a second referendum, Britain should expect to leave the bloc on October 31. European Council President Donald Tusk, Commission President Jean-Claude Juncker and EU-27 Heads of State and Government have repeatedly stated that the Withdrawal Agreement will not and cannot be renegotiated. On June 11, for example, Juncker said the deal was not a treaty between Theresa May and him, but between the UK and the EU and should be “respected by whoever will be the next British prime minister.” The EU has indicated that it will be open to further clarifications and additions to the political declaration, but that the Withdrawal Agreement will remain as it is. The EU will consider “practical” solutions for the Irish border after Brexit, but that does not mean reopening the withdrawal agreement, Merkel said on Tuesday. Article 50(3) provides that the EU Treaties `shall cease to apply to the State concerned from the date of entry into force of the Withdrawal Agreement or, if this is not the case, two years after notification` of the withdrawal, `unless the European Council, acting unanimously in agreement with the Member State concerned, does not decide to extend that period`. The European Council decision of 22 March and the EUCO decision of 11 April set the conditions for the extension: both state that the extension “excludes any reopening of the Withdrawal Agreement”.
In a letter dated 22 March and another dated 11 April, the Uk`s Permanent Representative to the EU, Sir Tim Barrow, confirmed the UK`s agreement to the extensions and their terms. Donald Tusk, who is president of the European Council and chairs EU leaders` meetings, said there could be adjustments to the political declaration accompanying the legally watertight withdrawal agreement. .