the british prime minister has signed a letterto the eu... formally notifying the bloc that the uk is leaving. negotiators will have two years to reach adeal, though both sides have already staked out some contentious demands. oh jung-hee has this report.
How To Address A Letter From Uk To Usa, the document that will formally begin theuk's departure from the european union was signed on tuesday. british prime minister theresa may signeda letter to european council president donald tusk on tuesday... invoking article 50, whichwill take britain out of the eu.
this comes nine months after britons votedin a national referendum last june... in which 'leave' won by almost 52-percent to 'stay'at 48 percent. once the european council president receivesthe letter,... the eu and the uk have two years to negotiate a deal on brexit... orwto rules take effect by default. negotiations are expected to begin in eithermay or june this year. both sides have a lot to discuss... with tradeat the top of the agenda. the uk wants to withdraw from the union'ssingle market but hopes to keep some trade benefits through a new customs arrangementand an fta. but, the eu has been firm that the uk won'tbe able to "cherry pick" elements of the single
market. the uk is also refusing to pay 60 billioneuros, or roughly 65 billion u.s. dollars as a so-called divorce bill,... which, accordingto the eu, would take care of the uk's commitments to pensions for its workers and uk-based projectsthat have already received funding approval. other eu member states are already notifyingbrussels... that they won't pay extra to make up for the uk's departure. other agendas include cross-border securityarrangements, jurisdiction mechanisms for issues like trade disputes... and the rightsof british expats in europe and eu citizens living in britain.
the current deadline for the talks is octobernext year. any deal will have to be approved by at least20 of the remaining 27 countries... which represent 65-percent of the eu's population. unless they agree to extend the negotiationdeadline,... the uk will leave the bloc on march 29th, 2019. oh jung-hee, arirang news.
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