Al-Jasser leads Saudi participation in 41st ICAO Assembly    Nuclear and Radiological Regulatory Commission Signs MoU with U.S. Nuclear Regulatory Commission    Saudi Arabia Achieves the Best Historical Result and Advances 12 Places Globally in E-Government Development Index    New Saudi defense minister meets Yemeni Presidential Leadership Council    UAE President, King of Bahrain congratulate Crown Prince on his new appointment    Khalid bin Salman reaffirms resolve to follow Crown Prince's path to build professional military forces    Saudi Stock Exchange Main Index Ends Trading Higher at 11,170 Points    KAPSARC: Saudi economy 60% more resilient to oil market shocks as a result of Vision 2030 reforms    Saudi Arabia to establish new unified regulator for insurance sector    Bank of England takes emergency action to stabilize UK economy, after earlier IMF warning    Hajj ministry replaces 'Etamarna' application with 'Nusuk'    Norway and Denmark tighten security around energy infrastructure after pipeline 'attack'    What is Popular Front of India and why has India outlawed it? PFI ban    OIC chief congratulates Crown Prince on becoming Saudi PM    Muscat Stock Exchange Index Ends Trading Lower    Body of famed US climber found on Mt Manaslu in Himalayas    Governor of Makkah Region Receives French Consul    Prince Khalid Al-Faisal Receives Kuwaiti Consul    KAUST Selects HPE to Build Powerful Supercomputer "Shaheen III"    Saudi Arabia, Senegal Sign Agreement to Establish Joint Business Council    Supported by KSrelief, Artificial Limbs Center Provides Medical Services to 551 Patients in Taiz, Yemen, in August    Saudi Investment Minister Meets Senegal's President, Chairs Saudi-Senegalese Joint Committee Meeting    10th Airplane of Saudi Relief Airlift Loaded with 30 Tons of Relief Items Arrives in Pakistan to Support Flood Victims    Asian Shares Sharply Lower    Hurricane Ian: Florida fears catastrophic flooding as storm nears    Yoga introduced to Saudi universities    Pregnant woman and her fetus rescued after being run over in Jeddah    'Gate to the East', all the way spectacular artwork from Saudi Arabia to China    Islamic Minister Al-Sheikh: Juristic judgment catalyst to salvage Islamic Ummah    Federer bows out of tennis with final match    Culinary Arts Commission Registers 13 Foods on Slow Food List of Endangered Food    Australian Football League: Racism allegations prompt calls for inquiry    F1 returns to Jeddah in 2023 March    72% of Children Globally have been Victims of Cyber Threats    Australian football club hit by 'harrowing' racism, bullying claims    Saudi National Football Team Continues Preparations for Friendly Match against Ecuador    Saudi Futsal Team Beats San Marino, Wins Silver in Croatian International Championship    During 2nd Global AI Summit.. AI-powered Early Breast Cancer Detection Program Launched    Triple talaq: India Muslim women in limbo after instant divorce ruling    Film Commission Reviews Film Industry Prospects in Saudi Arabia at Venice International Film Festival    Saudi national volleyball team loses to Kyrgyzstan in Asian Challenge Cup final    Saudi national volleyball team beats Uzbekistan, qualifies for the final of the Asian Challenge Cup    Ka'aba door bears witness to Saudi rulers' care for the House of God Kaaba' door, repentance' door contain more than 280 KG of pure gold    How Aamir Khan adapted Forrest Gump to Bollywood Laal Singh Chaddha    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Brexit: What we know
Published in The Saudi Gazette on 25 - 01 - 2017

Britain is set to become the first European Union member to leave the bloc following a referendum last year in which a majority voted for Brexit.
Here is what we know so far, following Tuesday's ruling by the Supreme Court that Prime Minister Theresa May must seek parliamentary approval before she can start Brexit negotiations.
Referendum: On June 23, 2016, Britons voted by 52 percent in favour to 48 percent against leaving the EU, although most voters in Scotland, Northern Ireland and London backed remaining part of the bloc.
Former prime minister David Cameron, who took office in 2010, called the referendum in a bid to end long-standing divisions in his Conservative party and stem the rise of the UK Independence Party (UKIP) but his campaign to stay in the EU failed. He resigned hours after the referendum results came in.
Timing: Cameron's successor May has said she wants to trigger Article 50 — the formal procedure for leaving the EU under the Lisbon Treaty — by the end of March.
The government has said this timetable will not change even though the Supreme Court ruled Tuesday that parliament will have to first pass a bill authorising May to begin Brexit negotiations.
Finance minister Philip Hammond has said he expects negotiations to begin before the summer.
Article 50 foresees a maximum two-year time period for the negotiations.
If no deal is in place by then, Britain would have to leave without any agreement on future ties with the EU, unless the timeframe can be extended by unanimous agreement of all member states.
The EU's top Brexit negotiator Michel Barnier has said there should be an agreement in place by 2018, ahead of the 2019 European Parliament elections.
Parliament: Lawmakers are widely expected to give their go-ahead for the government to begin Brexit talks, although the main opposition Labour Party has said it wants to table amendments to the proposed legislation.
This could, in theory, delay the start of Brexit.
Most MPs supported Britain staying in the EU but many have said they will now respect the result of the referendum.
The government has said it expects no change and has already prepared draft legislation.
May has also promised that any final deal on Britain's future relations with the EU would go before both chambers of parliament for a vote.
Transition deal: In a major speech on January 17, May said she wanted a "phased approach" to ensure stability for businesses between the moment Britain leaves the EU and the implementation of its new relationship with the bloc.
"We will seek to avoid a disruptive cliff edge," she said.
May added that all existing EU laws that apply in Britain will be turned into British laws under a "Great Repeal Bill" and parliament will then be able to choose which ones to keep, reject or amend.
Immigration: May has said she will make cutting immigration a priority in negotiations, after the issue dominated the referendum campaign.
Hundreds of thousands of people, mainly from eastern and southern Europe, move to Britain each year.
May has given no detail of what the new entry criteria will be for Europeans and has refused to confirm that EU citizens already in Britain can stay after Brexit until similar guarantees are offered to Britons living elsewhere in the bloc.
Trade: May said she wants "maximum possible access" for British companies to the single market even though Britain will not be a member, and also called for a new customs arrangement with the EU.
She has said full customs union membership would prevent Britain from striking its own trade deals with other countries but said the nation could remain a signatory to some parts of the customs union.
May has also warned EU member states against pushing for harsh exit terms for Britain, saying it would be "an act of calamitous self-harm" for the EU.
She has threatened that she could "change the basis of Britain's economic model" — for example by slashing business taxes — if British companies were excluded from accessing the single market.

Clic here to read the story from its source.