The Start Of Britain'S De Euro Process Is Imminent: Financial Markets Will Set Off "Bloodshed".

The British government told the European Union on Monday (March 20th) that it will trigger the fiftieth Lisbon treaty in March 29th and formally open the "off Europe" process.

This means

EU officials will formally start the European Commission in March 29, 2019.

Rockwell, a spokeswoman for WTO, said in an e-mail to CNBC reporters that many British officials worked with some people from the WTO Secretariat, including WTO director Azevedo (Roberto Azev do), Keith (Rockwell).

The negotiation process will be much more complicated than people think. The two years' negotiations may not be enough.

Therefore, the possible result is that Britain and the European Union can't get rid of Europe within two years. Then Britain will go out of Europe without the agreement and act according to the rules of the World Trade Organization (WTO).

In addition, they discussed the contents of the twenty-fourth GATT.

The twenty-fourth article of GATT is the central clause of the regional trade organization.

Britain's trade needs to be followed.

The rules until a new agreement is completed.

The United Kingdom should complete negotiations with the other 27 member states of the European Union in early 2019.

This agreement points out that any pitional agreement should include a new FTA plan.

According to some politicians, the agreement may last for 10 years, and it has been regarded as a reasonable agreement before 2029.

Rockwell pointed out that it is important for the United Kingdom and the European Union to agree on this.

Rami, director general of the former World Trade Organization (Pascal Lamy), said that no matter how perfect the withdrawal agreement is, the UK will take huge costs in terms of trade.

Britain's economic situation after Europe will be worse than staying in the European Union.

Therefore, Britain may come up with a pitional plan with the European Union in the future, that is, that Britain will not get rid of Europe at the end of the two-year deadline.

FX678 reports that the pition agreement is not the first to be mentioned, but the pitional agreement has always been a controversial agreement.

In addition, Britain needs to renegotiate its membership of WTO after leaving Europe.

In an interview with reporters on Monday, Michael Noonan, the Irish finance minister, said he thought that the time needed for a two-year break away from Europe was far from enough.

He added that although Britain and the EU did not publicly declare a pition plan, this is actually a general trend.

If more time is to be given for negotiations, then Britain will continue to pay.

And is subject to the judicial decisions of the European Court of justice.

Fredrik Erixon, director of the European Centre for international political and economic affairs, said in an e-mail to CNBC that many people have suggested that Britain is more dependent on the European Union, not only in terms of trade, but not in the European Union, Erixon.

This means that Britain needs more pitional agreements than the EU.

Therefore, it is generally believed that there is still a long way to go for Britain to enter WTO again.

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