A Brexit flotilla of fishing boats sailed up the River Thames into London in June 2016 in a protest against EU fishing quotas by the campaign for Britain to leave the European Union. (AFP/Getty Images)
The United Kingdom has now used up more than half the time it had to agree on an exit deal with the European Union, once it decided to leave in the Brexit referendum. The deadline to wrap up the negotiations is March 29, 2019. First of all, the U.K. has to decide the terms under which it will exit the European Union. The leaders of the other 27 E.U. member states will decide in mid-December if sufficient progress has been made in these initial negotiations. If they believe that enough progress has been made, the U.K. and E.U. can then start negotiating about the future relationship between the U.K. and the E.U. early next year.
It’s not yet clear what future relationship the U.K. wants. It claims that it wants both a close trading relationship with the E.U. and an ambitious trade agreement with the United States, but it can’t have both. Here is how things are likely to play out.
The U.K. wants deep relationships with the …read more
Via:: Monkey Cage