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March 29 Launches U.K.’s Formal Brexit Process
The United Kingdom will trigger Article 50 of the Lisbon Treaty on March 29, 2017. Specifically, the action begins the U.K.’s exit from the European Union, while opening a two-year negotiating window, according to Britain’s Prime Minister Theresa May.
“We are on the threshold of the most important negotiation for this country for a generation,” David Davis, Britain’s Brexit minister said in a statement. “The government is clear in its aims: a deal that works for every nation and region of the U.K. and indeed for all of Europe—a new, positive partnership between the U.K. and our friends and allies in the European Union.”
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