Published: Tue, March 21, 2017
Global Media | By Meredith Barber

United Kingdom to formally trigger Brexit on March 29

United Kingdom to formally trigger Brexit on March 29

The Prime Minister's letter officially notifying the European Council of the UK's intention to quit will set in train a two-year negotiation process expected to lead to Britain leaving the EU on March 29 2019.

Britain's ambassador to the EU, Tim Barrow, informed European Council President Donald Tusk of the exact start date on Monday morning.

She will be accompanied by Brexit Secretary David Davis and Welsh Secretary Alun Cairns, and will meet First Minister Carwyn Jones as well as leaders in business and other sectors.

The launch of the Article 50 means the starting of a two-year Brexit talks between London and Brussels on a deal to determine Britain's future relationship with the remaining 27 member states of the EU.

The UK voted on the referendum last June, with the majority of British nationals voting to leave the European Union.

"We are on the threshold of the most important negotiation for this country for a generation", Davis said.

"Everything is ready on this side", commission spokesman Margaritis Schinas said.

Mr Tusk has previously said he expects to call an extraordinary summit of the 27 other members within four to six weeks, to draw up a mandate for the European Commission's chief negotiator, Michel Barnier.

It comes as Mrs May dismissed calls for a potential second independence referendum for Scotland before the Brexit deal is finalised.

We assumed that there would be a deal on preserving the existing rights for EU living in Britain, and British citizens living in the EU and that Britain and the EU would continue to co-operate on security matters.

May says she will trigger the process by the end of the month.

And it's not even certain that the United Kingdom - made up of England, Scotland, Wales and Northern Ireland - will survive the European Union exit intact.

Nine months after Britain voted to quit the block by 51.9 per cent to 48.1 per cent, our European Union exit will finally be underway.

"We think the imminent activation of Article 50 will trigger hard trade negotiations, which is not properly priced into the currency", Michael Cahill, New York-based strategist at Goldman Sachs, wrote in a note to clients. May has said now is not the time for Scotland to vote on independence, preferring to wait until after Brexit.

Pro-EU Labour Party Lawmaker Pat McFadden said Monday it is now up to May to deliver the good deal for Britain that she has promised.

Britain's exit negotiations are expected to be exceptionally tricky, with the country aiming to leave Europe's single market and customs union but hoping to retain preferential access to both through a new trade agreement.

The bill to be introduced later this year will serve the dual goal of repealing the European Communities Act and incorporate more than four decades of EU law into British law.

Like this: