The UK decided to take an exit from the European Union in March 2016 which is also known as Brexit. The Brexit, short form of British Exit from the EU, is set to take place in March 2019. Until then, the British and European officials have been in contact by arranging meetings four days a month that started in March 2017. While a lot of the people are in the favour of Brexit, the others are holding breathe for the final decision on the negotiations especially expats who are settled in Europe. Also, the Europeans who have been living in the UK since forever are worried about the future upholding as their work, education, and other things are at stake until the final agreement.
This means that the EU and UK both will have to face some consequences after the UK’s departure which will ultimately have an impact on both the country’s economy and other fields. For this purpose, the official talks between the EU and the UK have been the talk of both the countries due to the fact that everything from the civil rights to the employment factors leading to the economic downfall/rise depends on the final agreement that will take place in March 2019.
The UK’s official leader for ruling the negotiations is David Davis, the veteran MP who is also the secretary for Brexit.
The EU’s official leader for ruling the negotiations is Michael Barnier, a French foreign minister chosen by the 27 EU members.
After the UK’s exit from the EU, a lot of the factors including the commercial and residential fields will be greatly affected by it. Both the countries want a fair share of the laws, rules, regulations, and rights for their citizen residing in the respective countries. For this purpose, following points are being discussed in the negotiations which are so far leading the agreement/disagreement:
The civil rights for both the countries after the Brexit includes various factors from the change in the permanent residency law to the voting rights of the countries being restricted to only the nationals. This means that the officials are not willing to guarantee the civil rights to those who have settled in the UK or European countries after the movement started in March 2016.
The Irish border issues and both the country’s related issues which include political agreements from the last 25 years is also at stake which is trying to be resolved in the four-day session. Northern Ireland is, however, not supportive of the idea of custom control rules which is yet to be solved by the officials.
Trade of both the countries is also one of the biggest fields which will be affected by Brexit. The first post-summer summit that will be held will reveal a lot about the financial matters and the trading methods and ways that are dependent on the EU and the UK’s agreement/disagreement.
Brexit is a historic moment in the political world as both the sides are not willing to let go of the smallest of issues that will leave either of the countries with a less profitable agreement.