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U.K.'s Theresa May Says No Turning Back: Brexit Imminent

20.3K views
•
March 29, 2017
by
Bloomberg Originals
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U.K.'s Theresa May Says No Turning Back: Brexit Imminent

TL;DR

Theresa May confirms Brexit process has officially begun.

Transcript

today the government acts on the Democratic will of the British people and it acts too on the clear and convincing position of this house a few minutes ago in Brussels the United Kingdom's permanent representative to the EU handed a letter to the president of the European Council on my behalf confirming the government's decision to invoke article 5... Read More

Key Insights

  • Theresa May emphasizes that the Brexit process is irreversible and represents a historic moment for the United Kingdom.
  • The UK aims to establish its own laws and regain control over national matters, moving away from EU jurisdiction.
  • May envisions a stronger, fairer, and more united Britain post-Brexit, with an emphasis on global outreach.
  • The UK seeks a deep and special partnership with the EU, focusing on shared values and mutual interests.
  • There will be a focus on maintaining security cooperation and continuing trade relations with the EU.
  • The government plans to convert EU laws into British laws to ensure clarity and certainty during the transition.
  • Brexit negotiations will consider the interests of all UK nations, with an increase in decision-making powers for devolved administrations.
  • May stresses the importance of unity and cooperation among UK citizens and leaders to achieve a successful Brexit.

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Questions & Answers

Q: What does Theresa May emphasize about the Brexit process?

Theresa May emphasizes that the Brexit process is irreversible and marks a historic moment for the United Kingdom. She underlines that the decision is based on the democratic will of the British people and that there is no turning back from this course of action.

Q: What is the UK government's vision for the country post-Brexit?

The UK government envisions a stronger, fairer, and more united Britain post-Brexit, with an emphasis on being more globally connected. Theresa May highlights the opportunity to build a country that is a magnet for international talent and a home to pioneers and innovators, while also maintaining strong ties with European neighbors.

Q: How does Theresa May propose to handle EU laws during the Brexit transition?

Theresa May proposes to convert EU laws into British laws to ensure clarity and certainty during the Brexit transition. This will involve publishing a white paper to confirm the plans and provide a framework for how laws will be interpreted by British courts, ensuring that the UK regains control of its legal system.

Q: What is the UK's approach to its partnership with the European Union post-Brexit?

The UK seeks to establish a deep and special partnership with the European Union post-Brexit, focusing on shared values and mutual interests. This partnership aims to include cooperation in areas such as security and economic affairs, ensuring that both the UK and the EU can prosper and succeed together.

Q: How will the Brexit negotiations consider the interests of UK nations?

The Brexit negotiations will consider the interests of all UK nations, with an expectation that devolved administrations in Scotland, Wales, and Northern Ireland will see a significant increase in their decision-making powers. Theresa May assures that no decisions currently taken by devolved administrations will be removed from them.

Q: What is Theresa May's stance on UK-EU trade relations post-Brexit?

Theresa May aims to pursue a bold and ambitious free trade agreement with the EU that allows for the freest possible trade in goods and services. The UK also intends to strike trade agreements with countries outside the EU, focusing on expanding trade with the fastest growing export markets globally.

Q: How does Theresa May address the issue of security cooperation with the EU?

Theresa May emphasizes the importance of maintaining strong security cooperation with the EU, especially in light of global threats from terrorism and extremism. She underscores the need for a close partnership to ensure the safety and security of citizens in both the UK and the EU.

Q: What message does Theresa May convey about unity among UK citizens post-Brexit?

Theresa May calls for unity among UK citizens, urging them to come together and work collaboratively to make a success of Brexit. She emphasizes that the shared values, interests, and ambitions of the UK can and must bring people together, moving beyond the divisiveness of the referendum to build a stronger future.

Summary & Key Takeaways

  • Theresa May announces the official start of the Brexit process, emphasizing that it is an irreversible decision based on the democratic will of the British people. She outlines the government's vision for a stronger, fairer, and more globally connected UK, stressing the importance of unity and cooperation.

  • The UK aims to regain control over its laws and borders, moving away from EU jurisdiction. May highlights the intention to maintain a close partnership with the EU, focusing on shared values and mutual interests, particularly in security and trade, while also expanding global trade relations.

  • May assures that the Brexit negotiations will consider the interests of all UK nations, with an expectation of increased decision-making powers for devolved administrations. She calls for a national effort to unite and work together, aiming to build a better future for the UK post-Brexit.


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