EU to hold Brexit summit for 27 members on April 29

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BRUSSELS (AP) – The 27 European Union nations will maintain a particular Brexit summit on April 29 – one month after Britain plans to set off divorce proceedings with the EU – to determine on the rules for the subsequent two years of negotiations with the U.Okay.

EU Council President Donald Tusk stated Tuesday that the “Brexit tips” goals to offer residents, corporations and all member states “certainty and readability” on how the talks will go.

Britain – which is excluded from the summit – introduced Monday it is going to formally set off negotiations to exit the EU on March 29. That’s anticipated to create two years’ uncertainty for all sides as a result of no member state has ever walked away from the bloc.

“We should do the whole lot we will to make the method of divorce the least painful for the EU,” Tusk stated.

The 2 sides may have till March 2019 to agree on a divorce settlement and – if attainable – set up a brand new relationship between Britain, the world’s No. 5 financial system, and the EU, an enormous single market containing 500 million individuals. If each side agree, the negotiating deadline could be prolonged.

Britons voted in a June referendum to go away the EU after greater than forty years of membership.

Tusk careworn once more how unlucky he thought it was for Britain to go away, however stated that the primary process now was “to create as a lot certainty and readability as attainable for all residents, corporations and member states that shall be negatively affected by Brexit, in addition to our essential companions and associates around the globe.”

The summit will give EU negotiator Michel Barnier a framework to cope with the British aspect. Tusk is predicted to make his proposals for the rules earlier than the top of the month.

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