U.K, EU's historic Brexit talks commence

India Infoline News Service | Mumbai | June 19, 2017 16:00 IST

Britain commenced its formal talks with the European Union over Brexit on Monday. The government said that it is seeking an agreement 'like no other in history' even as the country had got into difficult negotiation terms over the issue.

Flag Badges of Britain and Europe in Pile
Britain commenced its formal talks with the European Union over Brexit on Monday. The government said that it is seeking an agreement 'like no other in history' even as the country had got into difficult negotiation terms over the issue.
 
A year post the Britain's vehement referendum, Brexit minister David Davis and the EU's French chief negotiator Michel Barnier met at the European Commission in Brussels on Monday.  The discussions in the meeting are expected to focus on the major divorce issues such as Britain's exit bill, which is estimated by Brussels at nearly 100 billion euros or USD 112 billion, the rights concerning the three million EU nationals that stay in Britain, and the exit's impact on the one million Britons living across the European continent, and the status of operations in the states of Northern Ireland and Ireland. The leaders are also likely to shape more clarity on the UK-EU relationship post the exit and the nature of trade deals between them.
        
The talks that are largely expected to conclude by March 2019, will decide Britain's future amidst the geopolitical tussle, but will also decide upon the future of the world political order. In a bid to curb the problems arising from uncontrolled immigration as well as the loss of sovereignty, Britain had voted to end its four decades-long membership of the 28-country bloc, the European Union in the previous year.
    
Widely under pressure, the EU has been pursuing Britain to make a firm stance firm on Brexit, with time running out and three months bygone since Britain PM Theresa May put in force the two-year Article 50 EU exit process. 

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