SINGAPORE: When the UK voted for a future without the European Union on Jun 23, 2016 and activated the famous Article 50 to start negotiations on Mar 29, 2017, few would have imagined, almost three years later, rather than within arm’s reach, Brexit, in reality, seems further away than ever.
A report titled"No-deal Brexit: the trade winners and losers", came out as British Prime Minister Theresa May ) pleaded with EU leaders to provide an extension to the Brexit deadline to avoid leaving with no deal. Instead, they would have put more time in trying to answer a bigger question: What do we want to achieve in these negotiations?
European Council President Donald Tusk has suggested delaying Brexit for up to a year to give Theresa May time to find a way around the crisis AFP/Aris Oikonomou If the EU decides to be firm and set Apr 12 as the final deadline, then the UK will have to take drastic measures to avoid a no-deal. The most likely result then will be the choice for a no-Brexit.
Source: News Formal (newsformal.com)
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