LONDON Brexit minister David Davis mentioned he did not anticipate Britain to have to pay out fifty billion lbs . ($62 billion) to the European Union as part of the Brexit course of action and mentioned the era of huge sums getting compensated to Brussels was coming to an conclude.
British media reviews have suggested that Britain could have to pay out all over fifty to 60 billion lbs . in get to honor existing budget commitments as it negotiates its departure from the bloc.
“We haven’t actually experienced any kind of submission to us from the Commission. But our look at is quite very simple, we will meet up with our obligations, we are a regulation abiding region,” Davis informed broadcaster ITV on Thursday.
“We’ll meet up with our responsibilities but we are not anticipating anything like that,” he mentioned. “The era of huge sums getting compensated to the European Union is coming to an conclude, so at the time we are out, that’s it.”
(Reporting by Kate Holton editing by Person Faulconbridge)