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Theresa May outlines her vision for Brexit

Neil Hodge | July 13, 2018

Two years after U.K. citizens voted for the country to withdraw from the European Union—and eight months before it legally has to do so—Prime Minister Theresa May has at last unveiled her vision of Brexit, which led her foreign secretary and chief Brexit minister to resign.

Published on 12 July and running at just over 100 pages, the whitepaper is divided into four chapters: economic partnership, security partnership, cross-cutting and other cooperation, and institutional arrangements that will enforce the deal.

The United Kingdom hopes the European Union will back its proposals so that an exit deal can be struck by autumn, ahead of the U.K.’s official Brexit departure on 29 March 2019.

For businesses and compliance professionals, the key chapter relates to forming an EU/U.K. economic partnership. Setting out its stall at long last, the U.K. government wants:

  • Continued “frictionless” access at the border between the United Kingdom and European Union...
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