Ibec - for Irish business
Card 2 of 10

The bill

25 October 2017
Negotiations phase 1:The bill, citizens and Ireland
Area

The bill

Issue

The UK is expected to, and has agreed in principle to settle outstanding and future financial commitments it has made to the EU upon departure
Update

Limited progress: The UK has publicly accepted the need to settle the bill, but there is no agreement on a figure, or even a process to arrive at a figure. The UK is trying to link a budget deal to an agreement to progress other parts of negotiations. The EU wants more clarity first. The issue has a real potential to derail negotiations.