Credit: Reuters/Stefan Wermuth,
" from "EU referendum results live: Brexit wins as Britain votes to leave European Union," UK Telegraph
6/24/16, "Britain votes to leave EU in historic divorce," Reuters, LONDON
..."Quitting the EU could cost Britain access to the
EU's trade barrier-free single market and mean it must seek new trade
accords with countries around the world. President Barack Obama says it
would be at the "back of a queue" for a U.S. pact....
Aside from Denmark-ruled Greenland, which left
the EEC in 1985 after a row over fishing rights, Britain is the first
country to leave the EU, and even EU officials say it takes the
continent into uncharted territory.
affairs ministers and ambassadors from member states gather in
Luxembourg by 10 a.m. (0800 GMT) for routine talks that will provide the
first chance for many to react. A regular EU summit has been pushed
back to next Tuesday and Wednesday, when Cameron may trigger Article 50
of the EU's treaty, the legal basis for a country to leave, setting in
motion two years of divorce negotiations.
Even less clear at this stage is what sort of relationship Britain will seek to negotiate with the EU once it has left.
retain access to the single market, vital for its giant financial
services sector, London would have to adopt all EU regulation without
having a say in its shaping, and pay a substantial contribution to
Brussels coffers for market access, as Norway and Switzerland do. EU
officials have said UK-based banks and financial companies would lose
automatic “passport” access to sell services across Europe if Britain
ceased to apply the EU principles of free movement of goods, capital,
services and people.
trade, huge questions now face the millions of British expatriates who
live freely elsewhere in the bloc and enjoy equal access to health and
other benefits, as well as some 2 million EU citizens who live and work
Core founding members
of the EU such as France and Germany will be wary of making life too
easy for Britain for fear of encouraging eurosceptics across the
continent to call for referendums in their countries.
Economy Minister Emmanuel Macron said last weekend that "when you're
out, you're out", insisting Britain could expect no preferential
treatment. German Finance Minister Wolfgang Schaeuble has issued similar
Both countries, whose
painful post-war reconciliation formed the basis for the future union of
Europe, must now deal with buoyant anti-EU parties at home, with the
Alternative fuer Deutschland in Germany and the Front National in
Comment: They hate it when you're "buoyant." They thought they'd have you in chains forever.
Added: "The nation-state remains the true foundation for happiness and
4/27/16, "We will no longer surrender this country, or its people, to the false song of globalism. The nation-state remains the true foundation for happiness and
harmony. I am skeptical of international unions that tie us up and bring
America down, and will never enter America into any agreement that
reduces our ability to control our own affairs....
No country has ever prospered that failed to put its own interests
first. Both our friends and enemies put their countries above ours and
we, while being fair to them, must do the same."...
From Donald Trump Foreign Policy Speech in Washington, DC at the Center for the National Interest, 4/27/16
4/27/16, "Donald J. Trump Foreign Policy Speech," DonaldJTrump.com