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ARTICLE · 11 DECEMBER 2017

While The Clock Continues To Tick, Brexit Positions Continue To Evolve

Paul, Weiss, Rifkind, Wharton & Garrison LLP
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For the first few weeks of the seven-week campaign, the Prime Minister seemed set to deliver.

United KingdomGovernment, Public Sector
Mark S. Bergman
Mark S. Bergman

Since the June 8 election in Britain, which saw the Prime Minister lose her majority in Parliament, there has been much speculation as to whether the British government would continue down the road of a "hard" Brexit or would move to a softer version of the "no deal is better than a bad deal" position that dominated the headlines for much of the spring. In the past few weeks, while continental Europe focused on other issues and vacations, the political class and the media in Britain were left to read between the lines as competing visions of Brexit, with a heavy dose of political maneuvering in the Conservative Party, emerged from the Cabinet.

On August 15, the British government issued the first of a promised series of policy papers, this one (in many respects, aspirational) proposed that Britain join a new form of customs union described as a "continued close association." This untried arrangement with the EU customs union, which would mirror the customs union of

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