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UK will leave EU by March 2019, declares British Prime MinisterThe UK will initiate the Lisbon Treaty’s Article 50 by the end of March 2017, according to the British Prime Minister. This decision means that by March 2019, the UK will have left the EU.
British Prime Minister Theresa May announced that she is planning on implementing Article 50 of the Lisbon Treaty, which will begin the UK’s formal negotiation process for leaving the EU, by March 2017. Once the UK implements this article, it will have two years to leave the EU.
The significance of May’s decision is that the UK’s exit from the EU will occur no later than March 2019, before the UK’s next general election. May announced that she intends to implement a series of reforms that will prepare the UK for the era after the EU.
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