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What is Brexit?

Brexit is a coined name for Britain’s exit from the membership of European Union.  Following the June 22, 2016 EU referendum, the majority of the UK voted to leave the European bloc consisting of 27 member states.

 

Theresa May – UK’s Prime Minister has subsequently triggered Article 50 which starts the withdrawal process in earnest by 29 March 2019 but not without hiccups as anyone may imagine.

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Why?  There are the so-called Eurosceptics who basically opposed to and or don’t believe in the EU project because it deprived the UK the control over its borders, laws and jurisdiction, territorial waters and fishing, immigration and free movement of people within the bloc, UK contributions, and other stuffs.

The pro-EU on the other hand want to protect jobs, access to single market and customs union, prevent hard border between Northern Ireland and the Republic of Eire (Ireland) which they believe will jeopardise the Good Friday Agreement and also threaten the breakup of the United Kingdom.

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Obviously, both the Leavers and the Remainers have drawn up the so-called red lines which they don’t want each other to cross.

 

Britain formally joined the EU some 49 years ago following the treaty of

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