UK Prime Minister Theresa May has again delayed the Parliamentary vote on the withdrawal deal, outlining that a "meaningful" vote on a deal for Brexit will be held in the British Parliament on March 12.

"As we're continuing with (Brexit) talks, we won't be bringing a meaningful vote back this week but that will happen by March 12. We still have it within our grasp to leave the European Union with a deal on March 29 and that's what I'm going to be working at," May announced at the EU-League of Arab States summit on Feb 24 (local time).

The March 12 meeting may possibly be the final one before the United Kingdom's scheduled exit from the European Union on March 29.

She also outlined that her team would be visiting Brussels on Tuesday to continue talks regarding the Irish backstop which has become the bone of contention between May and the UK Parliament. The very same issue had earlier led to the rejection of the withdrawal deal, which had been previously agreed upon by May and the European Union, by the British Parliament - a move which added to the fears of a 'no-deal Brexit'.

"Although this is not principally a summit about Brexit, I will have the opportunity to speak to fellow European leaders - and we've made good progress with the European Union, and with the Commission. As you know, I and ministers were in Brussels last week. My team will be returning to Brussels on Tuesday. We've been working on how we can deal with the issue that has been raised by Parliament of ensuring that Northern Ireland backstop cannot be indefinite," the British Prime Minister outlined in a video tweeted by her.

The stakes are high with just over a month left for the slated exit. No final deal seems to be in sight at the moment, with MPs either defecting or outlining their intent to resign from May's Conservative Party if the fresh deal does not match up to the Parliament's expectations.

There have also been calls from within the British Parliament to delay the impending exit in order to clinch a deal with the EU which is acceptable to all parties in the House.

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