15.12.16

UK to Trigger Brexit Before March

The UK’s ‘Brexit Minister,’ David Davis, said on Wednesday that Prime Minister Theresa May’s government was “aiming to trigger [Article 50] by March 31, earlier if we can.” Article 50 of the EU’s Lisbon treaty lays out the process by which a member can exit the Union. After triggering the Article with a formal letter, Britain will have two years to negotiate the terms of its divorce with the EU. In his statement to lawmakers, Davis also said that the government has not yet decided how much detail to include in the letter.
The Cipher Take: May’s Brexit plan has been the subject of confusion and controversy ever since she took office following the country’s referendum in June. May has consistently stated that she wants to trigger the exit by the end of March at the latest, but maintains that it would be foolish to reveal the details of Britain’s intentions before the process has begun. David Davis’ comments clearly reflect this trend, specifically on the most important question of just how severe Britain’s break from the EU and Common Market will be. In exchange for supporting her plan, May promised lawmakers in Parliament that she would reveal Brexit details soon, and British businesses will want time to plan for the UK’s new relationship with Europe. May’s determination to keep that information secret may be valid, but she is running out of time.

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