Prime Minister Theresa may last Sunday, during the annual Conservative Party conference in Birmingham promised to appeal in article 50 of the Lisbon Treaty at the end of March 2017. This means the official launch procedures Brexitu, which may take up to two years. Theresa may, also promised that he would prepare a special legislation that will change existing EU laws into British law. The purpose of such actions must be pacifying companies and foreign investors.
however, the most important questions still remains unanswered. Entrepreneurs are worried about the form of the Brexit will become and what the deal is going to make London. These doubts, combined with speculation that the UK’s priority is immigration control, not access to EU markets, caused a further weakening of the pound.
"the British Prime Minister has dispelled one important question Brexitu period, but other important questions remain unanswered. Business cannot function in the dark," – says General Director of the Confederation of British Industry, Carolyn Fairbairn.
It was the first party conference Theresa may,, in which she has participated, as leader of the Conservative Party. British Prime Minister needs to meet, these requirements serve two important groups. On the one hand, must respect the voice of the majority, which requires the introduction of greater control over immigration. On the other hand, cannot ignore the voices of British businessmen who want to have access to European Union markets.
“I Know that a lot of people expect a compromise between control of immigration and the opportunities of trade with Europe. But this is the wrong way of perceiving reality. We will do what we an independent and sovereign country – that will decide how we will control immigration," – said the British Prime Minister.
a disaster for the labor market
the Reaction of Europe to the Conservative Party conference was pretty reasonable.
while Theresa may expressed the hope that negotiations is not yet known that we will not begin negotiations without notification, that is, the official appointment on article 50 of the Lisbon Treaty, says Raimundas Karoblis, Lithuanian Vice-Minister of foreign Affairs.
"we don’t know much more than before. Still haven’t told us that he wants the UK", – said the head of the Czech foreign Ministry Lubomir Zaoralek.
“Theresa may just confirmed that head in the direction of disk Brexitu. A step like this means disaster for British jobs, businesses and our economy", – said the leader of the Pro-Europe Liberals Tim Farron.
UK must also negotiate with the European Union in such matters as the rights of the British in the EU, and EU citizens ‘ rights on the Islands. In addition, there remain issues such as the height of the British contributions to the EU budget if the right energy, agriculture or security.
"we don’t know much more if we are talking about the terms on which Britain will leave the European Union. The uncertainty surrounding Brexitu will stay with us for a long time yet," predicts Carsten Nickel, Deputy Director of the research center of Teneo Intelligence in Brussels.
customs Union
British Secretary for trade Liam Fox suggested that leaving the European Union would not be a serious problem for the UK.
"Most companies in the world are located outside the European Union. The US is outside the EU and American companies do not look for the specially challenged, if we are talking about doing business with Europe, despite the fact that for the customs Union. Need to maintain rationality," commented Fox.
the Sunday ad Theresa may means that the UK will begin negotiations in 2017 and finish them in two years – in 2019, i.e., 46 years from the entry into the European Economic Community. “What is the best solution for the UK is not necessarily the solution,” added Fox.
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