Professor of Law : Georgetown University, and Director, Institute of International Economic Law

EU and UK reach initial agreement Brexit terms, making way for trade negotiations. 

European Commission President
Source: http://www.bbc.com/news/uk-politics-42277040

The European Commission’s president described the agreement as a "breakthrough" and expressed confidence that EU leaders will approve it.  The bill for Brexit will amount to between £35bn and £39bn.  Extensive coverage can be found here.

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