The European Union is set to give the U.K. three more months to exit the bloc, according to a draft seen by CNBC.
European ambassadors are due to meet Monday morning to discuss once again the U.K.'s request to have more time to prepare its departure.
"With a view to allowing for the finalisation of all steps necessary for the ratification of the Withdrawal Agreement, including the obtaining of the consent of the European Parliament, the European Council agrees to a further extension," the document says. The U.K. was scheduled to leave the EU on October 31 – after being granted two previous Brexit extensions.Nonetheless, the European Union is set to exclude any future renegotiation on the U.K.'s departure.
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