Former UK Conservative Leader 'Certain' London to Start Leaving EU Early 2017

CC0 / / Brexit
Brexit - Sputnik International
Subscribe
The former Conservative Party leader is sure that London will trigger Article 50 of the Lisbon Treaty on leaving the European Union in 2017.

MOSCOW (Sputnik) — Former leader of the Conservative Party Iain Duncan Smith said Friday that he is "certain" the country's authorities would trigger Article 50 of the Lisbon Treaty that triggers the legal process for the United Kingdom to exit the European Union as soon as early next year.

"I am definitely certain that these characters, [UK ministers] David Davis, Liam Fox and Boris Johnson and the prime minister [Theresa May] by the way, are very clear that they need to get on with triggering Article 50 as soon as possible early in new year," Smith, former UK work and pensions secretary, told the BBC broadcaster.

A national flag of Switzerland flies in front of a branch office of Swiss bank Credit Suisse in Luzern October 30, 2014 - Sputnik International
Article 50 Effect: Could Switzerland Become Brexit’s Biggest Loser?
On June 23, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

According to the Article 50 of the Lisbon Treaty, each EU member state can leave the bloc. In order to start the process of leaving the European Union, a member state must formally inform Brussels about its intention and, then, formally begin negotiations on the matter. The departing member is released from its obligations under EU treaties once a final agreement is reached with Brussels or — if no such deal is struck — two years after notification was first given.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала