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Brexit: UK bids farewell to the EU in historic referendum 24 Jun 2016 Britons voted by a narrow margin to leave the EU in a historic referendum. The ‘Leave’ campaign managed to safeguard 52% of the votes to win the referendum. The result ends UK’s 43-year love-hate relationship with the EU.
The result follows months of bitter marketing in between the ‘Leave’ and ‘Stay’ projects.
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| UK House of Commons passes Brexit expenditure 09 Feb 2017 Your House of Commons in the UK passed the European Union (Notification of Withdrawal) Costs by 494 votes to 122, allowing Theresa May to activate brief article 50 of the Lisbon Treaty to begin the Brexit procedure.
Now, the bill requires to be authorized by the Home of Lords.
Even after brief article 50 is triggered, it will be till 2019 prior to Brexit is total.
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What is Post 50?
Short article 50 |
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Short article 50 is a specification in the Lisbon treaty that fixes the legal approach for a nation leaving the European Union.
After the declaration, within 2 years settlements need to be concluded.
Throughout the procedure, UK continues as an EU member however if discussions are not settled after two years, and not continued, Britain returns to world trade business terms, requiring tariffs to be imposed.
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UK parliament clears method for Brexit expenses
14 Mar 2017 |
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The parliament has actually paved the way for the UK to set off Post 50 of Lisbon Treaty and start the Brexit treatment after passing Brexit expenses.
The costs will get royal climb to end up being a law. The Brexit treatment can formally begin after the bill ends up being a law.
On the other hand, Scotland’s First Minister Nicola Sturgeon revealed her objective to hold a referendum on Scottish self-reliance.
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| Britain’s Theresa Might conjures up Short post 50, triggers Brexit 29 Mar 2017 |
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Prime Minister Theresa May has in fact signed and sent a primary notice under Article 50 of the Lisbon Treaty to European Council president Donald Tusk, to activate the official Brexit procedure.
British ambassador to the EU, Sir Tim Barrow will offer the notice to the EU today.
May ensured to “represent everyone in the entire UK”, consisting of the fate of EU-nationals, during settlements.
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EU president Tusk to launch Brexit settlement standards
31 Mar 2017 |
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European Council President Donald Tusk is due to offer draft propositions describing how the EU prepares to exercise the Brexit with the UK over the next 2 years.
The federal governments of 27 EU members will receive the proposals.
EU members state Britain must at first consent to its exit terms and after that discuss future ties. Britain nevertheless, desires synchronised talks on both problems.
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EU settles on Brexit requirements in Brussels top
29 Apr 2017 |
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Donald Tusk, the European Council President stated that the EU leaders had actually all accepted to negotiate Brexit requirements.
The Brussels leading removed any fear that the UK might be divided on Brexit.
The requirements to direct the negotiations which are bound to begin in June, will expose the policies and goals of the EU’s position throughout the two-year divorce procedure.
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EU leaders hammer out difficult conditions for Brexit
30 Apr 2017 |
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In an unusual act of consistency, the 27 EU leaders who gathered in Brussels took just a few minutes, licensed 8 pages of working out conditions for the Brexit.
The EU leaders seek a deal to protect the rights of 3 million EU nationals residing in the UK.
They likewise look for to establish a difficult EU-UK border throughout Ireland.
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