How Brexit will affect Trade between Asia & Britain


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  • Written by:

    Pratibha bissht

    pratibhabissht@mtkenyatimes.co.ke

    Brexit is a word that is used for saying the United Kingdom leaving the European Union and merging the words Britain and exit to get Brexit, in the same way as a possible Greek exit from the European Union was dubbed Grexit in the past. A referendum a vote in which everyone of voting age can take part – was held on Thursday 23 June 2016 to decide whether the UK should leave or remain in the European Union. The European Union often known as the EU is an economic and political partnership involving 28 European countries. It began after World War Two to foster economic co operation with the idea that countries which trade together were more likely to avoid going to war with each other.

    It has its own currency which is euro and which is used by 19 of the member countries. It has its own parliament and it now sets rules in a wide range of areas including on the environment, transport, consumer rights and even things such as mobile phone charges.

    The UK government and the main UK opposition party both say Brexit will happen. After months of negotiation, the UK and EU have agreed a Brexit deal. The next step is for MPs to vote on the deal, which will take place on 11 December after five days of debate. If they pass it, the European Parliament will get a vote before Brexit day next March. It refers to a period of time after……Subscribe to Readmore………

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