United Kingdom Withdrawal from the European Union Could Take 5 Years
United Kingdom Withdrawal from the European Union Could Take 5 Years – Referring to the Brexit referendum result, British politician and political analyst, Nigel Farage, declared that June 23 2016 will go down in history as Britain’s independence day. Although more than 7 months have gone by after the historic Brexit victory, nothing much has actually changed since then. Britain’s membership of the European Union has not changed and the Government is still continuing with the Brexit talks. Furthermore much debate is still going on about dealing with the two main issues of how British firms will carry out business in the European Union and what restraints are introduced on the rights of European Union nationals to live and work in the UK. So when will the United Kingdom withdrawal from the European Union actually happen?
United Kingdom Withdrawal from the European Union – Who really holds the cards?
In reality, the amount of time that will be needed for the withdrawal depends on when the UK tells the European Union that it wants to leave. Experts claim that it could actually take five years or more. For the United Kingdom withdrawal from the European Union to happen, first Britain must formally inform the European Union of its wish to leave by invoking an agreement known as Article 50 of the Lisbon Treaty. This is actually the first time in the European Union’s history that this treaty is being invoked. Article 50 initiates the start of a two year process of exit talks where both sides can agree the terms of the split, before the UK is removed from the 28-member union.
Theresa May dragging her heals – United Kingdom Withdrawal from the European Union
British Prime Minister Theresa May has said that she intends to trigger Article 50 by the end of March 2017, which in theory means that the UK will be expected to have left the European Union by March 2019. However, after a court battle, the Supreme Court of United Kingdom ruled in January that before invoking Article 50, the Parliament must be consulted. A Brexit bill has been introduced in the parliament, which the MPs have approved. The bill is now on its way to the House of Lords, where it will be debated and voted on. Because of all this, the process of the UK leaving the EU is likely to be slowed down.
Article 50 – United Kingdom Withdrawal from the European Union
Once Article 50 has been triggered, both parties will have two years to negotiate the withdrawal process. Since Article 50 was only created in late 2009 and it has never been used, no one actually knows how exit process will work. Undoing 43 years of treaties and agreements that cover an endless list of different subjects is definitely not going to be a straightforward task. The 27 national parliaments of the European Union will have to agree with the terms of Britain’s exit, which could of course take a few years. According to experts, the United Kingdom withdrawal from the European Union will take at least 5 years to happen.
Negotiations can be extended – United Kingdom Withdrawal from the European Union
After two years, if all 27 countries agree, negotiations can be extended further. However, if there is no agreement to continue the negotiations, then the European Union treaties and laws cease to apply to the United Kingdom and it can leave the EU. The most complex part of the negotiation is likely to be the post-Brexit trade deal because it requires the unanimous approval of over 30 regional and national parliaments across Europe. These factors make the United Kingdom withdrawal from the European union likely to extend for another 5 years. So until, the European Union law still stands in the UK, it will have to continue to abide by these laws, but not take part in any decision-making.
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