While the British people have successfully voted for an exit from the European Union, the process hasn’t actually moved forward yet. In order to do so, article 50 will have to be pushed forward by Prime Minister Theresa May.
The unprecedented article will start a 2-year countdown for negotiations, during which Britain has to breakdown exactly what happens during the split, such as what citizenship will mean with each side, and also how much money is owed.
Britain might be obligated to pay into the EU budget all the way until 2020, which would likely mean other heavy divorce costs as well.
During a visit to Swansea, May said:
“I am very clear that I want to ensure we get the best possible deal for the United Kingdom that works for everyone across the United Kingdom and all parts of the UK when we enter these negotiations. I have set out my objectives. These include getting a good free trade deal. They include putting issues like continuing working together on issues like security at the core of what we are doing. We are going to be out there, negotiating hard, delivering on what the British people voted for.”
The current start date for article 50 is March 29. European Council President Donald Tusk released a statement saying, ““We want negotiations to start promptly, but it’s obviously right that the 27 have the opportunity to agree their position … We fully expect they will want to do that in advance.”
Within 48 hours of the UK triggering Article 50, I will present the draft #Brexit guidelines to the EU27 Member States.
— Donald Tusk (@eucopresident) March 20, 2017
Britain’s next steps, as well as the results of their negotiations, will likely change the way the EU deals with the other countries still within the union. Considering how this is perhaps the most diplomatic way a country has ever declared independence, the rest of the world is also watching to see what happens next.
— DailySunday Politics (@daily_politics) March 20, 2017