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Czech government drafts legislation for 'no deal' Brexit

AFP  |  Prague 

The on Monday approved a bill to regulate relations between the and Britain in the event of a "no deal" Brexit, said.

The clock is ticking down to on March 29, when Britain, the world's fifth-biggest economy, divorces from the European Union, its main trading partner.

The is set to vote next week on Theresa May's unpopular deal with the A defeat could potentially send Britain crashing out of the EU without an agreement with in place.

The Czech includes the introduction of a transition period until December 31, 2020, during which British citizens living and working in the will be treated like citizens of the

According to Hamacek, the legislation would apply to some 5,000 Britons working in the

"If we don't adopt this law, we will compromise the situation of some 40,000 Czech citizens living in Britain, which is something we don't want," Hamacek was quoted as saying by the Czech CTK agency.

Interior ministry figures show that overall, there are around 8,000 Britons living in the Czech Republic, a central European EU member of 10.5 million people.

Parliament is expected to vote on the legislation in the coming weeks.

Once adopted, the law will only apply to British citizens who took up residence in the Czech Republic before Britain leaves the

The draft legislation is in line with a recommendation that post-transitional periods in EU countries should not run beyond the end of 2020.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 08 2019. 04:47 IST