All About Brexit, how and when brexit would be completed?

What is Brexit?

UK leaving the EU has been shortly defined as Brexit, originally the words Britain and exit are merged in a manner that in very single word it is called Brexit. Therefor mainly it is the exit. You can say when the italy would exit the European union it would be itexit or the same by taking the first two letters from the name of a country.

Why is Britain leaving the European Union?

A historical event which would be enlisted as one of the greatest event in the history of european union was the referendum which was held on Thursday 23 June, 2016. The main question was whether UK should stay in European Union or it should leave it. Those who voted to quit were 51.9% and those who thought that Uk should be in EU were 48.1%. Total of the population 71.8% participated in the referendum, overall 30 million people voted in this referendum.

What was the breakdown across the UK?

Britain voted in favor of Brexit, by 53.4% to 46.6%. Ridges additionally voted in favor of Brexit, with Leave getting 52.5% of the vote and Remain 47.5%. Scotland and Northern Ireland both supported remaining in the EU. Scotland upheld Remain by 62% to 38%, while 55.8% in Northern Ireland voted Remain and 44.2% Leave.

Referendum brought a change of head of government Theresa may was the new prime minister as david cameron had vowed to not stay if he could not get desired results in referendum. New prime minister theresa may was also as against the leaving the EU as was david cameron. But she did not remain an active campaigner for living in European union. But ultimately future of Uk in European union and Brexit was going to be a main issue for her government.

How has the new PM done so far?

She is the second woman prime minister of UK. As far the brexit is concerned she has taken it seriously and she is up to it.She would be doing the Brexit process to complete withing 2 year.

Also Read How Theresa May is planning the Transitional Phase of Brexit

What is Article 50?

Article 50 is a plan for any country that wishes to exit the EU. It was created as part of the Treaty of Lisbon - an agreement signed up to by all EU states which became law in 2009. Before that treaty, there was no formal mechanism for a country to leave the EU.It's pretty short - just five paragraphs - which spell out that any EU member state may decide to quit the EU, that it must notify the European Council and negotiate its withdrawal with the EU, that there are two years to reach an agreement - unless everyone agrees to extend it - and that the exiting state cannot take part in EU internal discussions about its departure. You can read more about Article 50 here.

What date will the UK will leave the EU?

29 March 2019 would be the date when Uk would be leaving the European union. It can be extended if all 28 EU members agree.

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