Monday, October 3, 2016

Prime Minister May mentioned the time of Brexit

Theresa May, the Prime Minister of the UK presented that she would trigger the Article 50 of the Lisbon Treaty till March in 2017.

Independent: Brexit: Article 50 will be triggered by the end of March 2017, Theresa May says

According to the article 50 of the Lisbon Treaty, members have to declare its will of leaving the EU to begin the negotiation. And the nation has to leave within two years. The EU does not accept the prolongation of the negotiation term. It suggests that the UK will leave the EU until the end of March in 2019.

After the declaration, a series of tough negotiation will be held between the UK and the EU. As well, the domestic argument in the UK will be ignited, for the idea about the post-Brexit form of the society is split. Some claim that the UK should be completely independent of the EU, whereas others think it is better to maintain the trade partnership with other European countries as much as possible.

On the other hand, immigration policy will be more regulated in the UK. David Cameron, the former Prime Minister, also said the number of immigrants should be limited, considering increasing immigrants are likely to threaten the domestic job market. Some citizens are also afraid of the emergent risk of terror caused by Islamic extremists.

May's statement has been expected since she seated the post of the Prime Minister. Some British people still insist the need for repeated referendum. But it seems not feasible to retry the vote.

And she looks intending to keep more time to negotiate with the EU regarding the post-Brexit relationship. The EU does not want to discuss this issue with nations which are leaving the EU. However, it is obvious that the UK has an influential power in Europe even from outside of the EU. Therefore, it is wise for the EU to maintain a friendly relationship with the UK. It will take much time.

Anyway, the Brexit is certainly approaching. How does the UK change is to be paid attention.

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