"It’s not sufficient that Britain can say we’ll look for the best deal for Britain. There are 27 other countries on the other side of the table who have worked with Britain for many years who also want an effective working outcome to this", he says.
The Taoiseach, whose interview appears here, also says that in terms of timing, he hoped that there would be sufficient progress between now and year end, so that in the springtime a new round of discussions can be focused on the future relationship between Europe and the United Kingdom. “And I say that that’s very important because companies will start to make decisions in the spring about where they’re going to be in the next three to five years.”
Matheson's Managing Partner Michael Jackson, who also appears in the video, made a comparison between the Brexit transition period of two years, with EU norms for transition periods for the implementation of its own Directives. He says “Regardless of what agreement is reached, a two year transition period will be too short. Two years is the average transition time for a single EU directive that has to be implemented by companies. We’re talking about something that’s much bigger and much more unprecedented here. I personally believe it’s going to take anything up to five years to properly transition.”
The interview was conducted by Matheson Partner Liz Grace who earlier this year also conducted an interview with Lord Jonathan Hill, former EU Commissioner for financial services and Matheson’s managing partner, Michael Jackson. Lord Hill spoke at #FCSDublin2017, which was sponsored by Matheson.