Monday, January 18, 2021

British Lawmakers Crush BREXIT Deal; Association with the EU May Continue

British lawmakers CRUSHED PM Theresa May’s BREXIT deal by a whopping margin on Tuesday, triggering a political storm that could lead to a tumultuous exit from the EU or to a reversal of the 2016 decision to leave.

EU-UK Headed for Massive Trade Disruptions?

Parliament voted 432-202 against her deal, the worst parliamentary defeat for a government in recent British history. Scores of her own MPs – both Brexiteers and supporters of EU membership – joined forces to vote down the deal.

With the clock ticking down to March 29, the date set in law for Brexit, the United Kingdom is now ensnared in the deepest political crisis in half a century as it grapples with how, or even whether, to exit the European project that it joined in 1973.

May’s crushing loss, the first British parliamentary defeat of a treaty since 1864, marks the collapse of her two-year strategy of forging an amicable divorce with close ties to the EU after the March 29 exit.

After repeatedly refusing to resign or to countenance another referendum, May will make a statement shortly. Her options include setting a course for a no-deal exit, brinkmanship to try to secure concessions from the EU, a delay to Brexit, resignation, an election or a referendum.

More News at EurAsian Times

 

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