What are the UK's obligations under the EU Budget post-Brexit?
18 January 2017
Wednesday 18 January in Committee Room 4A, Palace of Westminster
- Dr Maria Luisa Sanchez Barrueco, Senior Lecturer in EU Law, University of Deusto
Likely areas of discussion
The EU Financial Affairs Sub-Committee is investigating the implications of Brexit for the UK's contributions to and receipts from the EU budget. It will consider the status of the UK's position in respect of the 2014–20 Multiannual Financial Framework should Brexit happen before it expires as well as ongoing liabilities resulting from commitments agreed to under annual budgets. It will also consider EU programmes where the UK may wish to contribute following Brexit and the implications of seeking a deal in which the UK continues to contribute in exchange for access to the single market.
The witness is likely to answer questions on the following areas:
- The legal status of the 2014–20 MFF deal and whether the UK is committed to paying its full share until 2020
- The extent to which the UK is legally liable for budget commitments already made and those due to be agreed before Brexit
- The status of ongoing funding for EU pensions
- The extent to which the UK ‘owns' a share of the EU's assets
- The legal status of UK receipts from the EU budget following Brexit
- The impact of Brexit on funding for the EU once the UK leaves
- The future relationship between the UK and the European Investment Bank.