Theresa May urged European Union to show flexibility in talks on future relationship

Vastavam web: Prime Minister Theresa May urged the European Union on Friday to show more flexibility in talks on a future relationship after Brexit, saying Britain realised it could not get all it wanted but believed an ambitious trade deal was still possible.In a much-anticipated speech, May set out ambitions for a tailor-made free trade deal that would include financial services and said Britain would aim for associate membership of EU regulators covering chemicals, medicines and aerospace

But by proposing that Britain accept some EU rules and regulations and that the European Court of Justice continue to play a role in British law, May also risked alarming some campaigners who fear she will preside over Brexit in name only.“We all need to face up to some hard facts,” May told ambassadors and business leaders in the Mansion House, the 18th century official home of the Lord Mayor of London in the heart of the capital’s financial district.It was, she added, time to be“straight” with people over what was achievable, some 20 months after Britain voted to leave the EU and her government began to try to unravel more than 40 years of integration. Britain is due to leave on March 29, 2019.