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UK's plan to break free of European Court

Wednesday, August 23, 2017 - 01:23

Britain plans to leave the ''direct jurisdiction'' of the European Court of Justice and make its own laws when it exits the EU in March 2019, Prime Minister Theresa May says. Laura Frykberg reports.

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A British icon, destined for Mexico.. The 44 million dollar contract, hailed by the UK Prime Minister... As an example of a truly global Britain. But when it comes to the law... After Brexit, Theresa May says the UK's will ALL be local. (SOUNDBITE) (English) BRITISH PRIME MINISTER, THERESA MAY, SAYING: "We will be ending the jurisdiction of the European Court of Justice in the United Kingdom. We will be making our laws. Parliament will make our laws. It will be British judges who will interpret those laws." Her comments coincide with the release of a new Brexit paper... On how to resolve future trade or economic disputes... Siting examples without the help of the European Court of Justice. Some say words are not enough though... Businesses on both sides need action. SOUNDBITE (English) CRAIG ERLAM, SENIOR MARKET ANALYST, OANDA, SAYING: "I think this is one one of the reasons why businesses are becoming increasingly frustrated at the lack of progress and the lack of clarity in the lack of transparency that we've seen from talks so far, it will have big implications for how much of their business they have to move over to the EU and vice versa." Another comment by Brussels could have a big implications... Previously insisting that EU nationals remain under the jurisdiction of the European Court of Justice.. That could mean it still has a lot to do with the UK... About 3.5 million live there.

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UK's plan to break free of European Court

Wednesday, August 23, 2017 - 01:23