May tells party conference Brexit will be triggered by April

UK Prime Minister Theresa May has told her party's annual conference there will not be a disorderly withdrawal from the EU.

May

Prime Minister Theresa May gives a speech to delegates in the first day of the Conservative party conference, October 2, 2016. Source: AAP

Prime Minister Theresa May will trigger the process to leave the EU by the end of March, offering the first glimpse of a timetable for a divorce that will redefine Britain's ties with its biggest trading partner.

Britain's shock vote to leave the European Union in June propelled May to power and the former interior minister has been under pressure to offer more details on her plan for departure, beyond an often-repeated catchphrase that "Brexit means Brexit".

In a move to ease fears among her ruling Conservatives that she may delay the divorce, May told the party's annual conference in Birmingham, central England, on Sunday that she was determined to move on with the process and win the "right deal".

Using Article 50 of the EU's Lisbon Treaty will give Britain a two-year period to clinch one of the most complex deals in Europe since World War Two.

"We will invoke Article 50 no later than the end of March next year," May told the conference to cheers from hundreds of members.

Her comments were welcomed by the EU, with Donald Tusk, the president of the European Council, saying the statement had brought "welcome clarity" to the situation. But behind the scenes, there was frustration at the lack of detail.

"It is beyond comprehension that the politicians who campaigned for Brexit for months have no idea what they want, they have no plan at all," a senior German official said.

Britain's decision to leave the EU on June 23 sparked turmoil in financial markets as investors tried to gauge its impact on both the world's fifth largest economy and the bloc.

The country's allies fear that its exit from the EU could mark a turning point in post-Cold War international affairs that will weaken the West in relation to China and Russia, undermine efforts toward European integration and hurt global free trade.

For some businesses, May's reluctance to offer what she describes as a "running commentary" on her strategy, has deepened fears that they could end up paying higher costs if operating from Britain.

But May said she could not risk a good deal by putting her strategy under continual scrutiny.

"Every stray word and every hyped-up media report is going to make it harder for us to get the right deal for Britain," she said. "So we have to stay patient. But when there are things to say -- as there are today -- we will keep the public informed and up to date."

For many of her lawmakers, the announcement hit the mark.

"The timing is just right," Conservative lawmaker Andrew Bridgen told Reuters, saying voters had understood that the new prime minister had needed some time to prepare her position.

Others said they feared that triggering Article 50 so early could put pressure on Britain as elections in France and Germany in 2017 could change London's partners in the middle of talks.

Unwilling to give too much away, May said her government must respond to the demands of voters, many of whom fear that hospitals and schools are being stretched by high levels of migration from the EU, but also had to listen to business.


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Source: AAP


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May tells party conference Brexit will be triggered by April | SBS News