UK Cabinet to meet Wednesday to review draft Brexit deal

UK Cabinet to meet Wednesday to review draft Brexit deal
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The U.K. Cabinet is set to meet on Wednesday to review a draft Brexit deal reached by European Union (EU) and British negotiators.

British Prime Minister Theresa May's office confirmed in a statement that the Cabinet will meet Wednesday afternoon after its ministers review the agreement overnight.

All ministers have been asked to meet with May one-on-one on Tuesday evening, the BBC reported

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The draft deal would require approval from all 28 EU nations and British and European parliaments, The Associated Press noted.

The draft Brexit deal marks a breakthrough after the British and EU negotiating teams seemed locked at an impasse over the Irish border, according to Business Insider.

The negotiators have been working for months to come to an agreement over Britain's departure from the EU. The new agreement would create a "backstop" if Britain fails to agree on a comprehensive trading deal before December 2020.

The "backstop" would create a customs union between the U.K. and the EU that would come with a "review clause" to determine its end date, Business Insider reported.

Britain is set to leave the EU on March 29.