BREAKING NEWS

Britain's Hammond to push for UK to stay in EU customs union

By REUTERS

JUNE 14, 2017 04:48

LONDON - Finance minister Philip Hammond will argue for Britain to stay in the customs union, in a bid to soften Brexit and alter Prime Minister's Theresa May approach, the Times reported on Tuesday citing several unnamed sources.

Hammond will attempt to change May's mind after a disastrous election in which the government lost its majority last Thursday, the Times said. The newspaper reported he believes government must rethink its plan to pursue an independent trade policy outside the customs union.

The EU customs union guarantees tariff-free trade within the bloc but prohibits members from striking third-party trade deals. Earlier on Tuesday, senior British minister Michael Gove had said that the Britain would leave the customs union, in line with government policy prior to the election.

Israeli drones caused no damage or casualties in Isfahan- Iran FM

By REUTERS

04/19/2024 07:13 PM

Drone explodes in Metula, without sirens sounding - report

By MAARIV ONLINE

04/19/2024 07:12 PM

IDF strikes Hezbollah targets in southern Lebanon

By JERUSALEM POST STAFF

04/19/2024 07:10 PM

Car hits protester at hostage deal demonstration on Highway 1

By URI SELA

04/19/2024 06:26 PM