Brexit Gets Real: Prime Minister May Has Triggered UK's Exit From EU
- Author: Salvatore Jensen Mar 29, 2017,
Mar 29, 2017, 23:47
But what is it?
She also said UK's post-Brexit labour and immigration policy should be framed to enable retailers and other domestic firms to access the skills and workers they need from the EU.
She has acknowledged that those measures would require withdrawing from the European Union "single market" of 500 million people, founded on the principles of free movement of goods, services, capital and people. "In the future, we hope to have the United Kingdom as a close partner".
Britain's Ambassador to the EU Tim Barrow (L) delivers British Prime Minister Theresa May's formal notice of the UK's intention to leave the bloc under Article 50 of the EU's Lisbon Treaty to European Council President Donald Tusk in Brussels on March 29, 2017.
May and her ministers have ambitious goals in the talks. At stake is first the terms on which Britain would leave and then separate talks on a new trade deal between Britain and the EU.
Brexit Secretary David Davis - the man charged with leading Britain's side in the talks - has called it "the most complicated negotiation in modern times, maybe the most complicated negotiation of all time". "The United Kingdom is leaving the European Union", May told lawmakers in the British parliament "This is an historic moment from which there can be no turning back".
The message is upbeat despite May's aides saying she will not reveal any details of the government's negotiating stance before negotiations start.
Other articles relate to how countries should behave as part of the European Union - and follow instructions from Europe on how to be a good member. But time is short, the negotiations are complex, and Prime Minister Theresa May has said no deal would be better than a bad deal. "Why has she broken her word and her commitment?"
The balancing act is perilous. Since the country voted to leave the European Union in a referendum last June, the currency has suffered a steep decline, losing around 20 percent of its value as traders fret over the potential economic impact of the decision to leave the world's largest trading bloc.
In particular, we must pay attention to the UK's unique relationship with the Republic of Ireland and the importance of the peace process in Northern Ireland. The referendum deeply divided the nation as 52% of Britons voted to exit and 48% to stay.
The Scottish parliament on Tuesday voted to seek another independence referendum, after Scotland voted overwhelmingly in favor of remaining part of the EU.
On past experience, May is unlikely to give ground.
The Prime Minister is staring down a fresh push from the Scottish National Party (SNP) to hold a second referendum for independence.
What is as yet unclear is whether she has settled on her own list of priorities for the talks. After spending months asking companies, universities, hospitals and banks among others what they want, most have no clue whether their demands will be met.
"We have made an impact analysis", Chief Executive Thomas Rabe said.
She still has some time to refine her strategy since the European Union will spend the coming weeks agreeing a negotiating stance.
The two-year Brexit process will test the EU's ability to tame populist forces on the rise across Europe, deepen integration in areas ranging from the euro to defense, seal free-trade pacts with the likes of Japan and limit damage to commerce and finance as a result of a divorce with the bloc's No. 2 economy. One has suggested she should remind Germany about the cancellation of some of its debt after World War Two.
Down the street from where Tusk spoke with May's six-page letter in hand, almost two dozen supporters of Brexit celebrated at an Irish pub by drinking champagne, eating cake and watching a televised House of Commons debate on the trigger moment.