LONDON—Britain should consider postponing Brexit because there may not be enough time to strike a deal with the European Union before the U.K. leaves the bloc a year from now, a key committee of British lawmakers said Sunday. The House of Commons Exiting the EU Committee said if major aspects of the future relationship with the EU remain unsettled by October, Britain should seek a “limited extension” of its EU membership. In a report published Sunday, the lawmakers said a proposed transition period of about two years should be able to be extended if needed. The two sides have agreed in principle that Britain will continue to remain part of the bloc’s structures and rules until the end of 2020. Seven pro-Brexit members of the 21-member, all-party committee refused to back the report, preparing an alternative version that took a more uncompromising tone toward the EU.

Source: thestar March 18, 2018 12:56 UTC