Trade and Development Review, Vol 10 (2017)

What Brexit Means for Britain and the European Union: An Interim Perspective

Purusottam Bhattacharya

Abstract


Britain’s relationship with the European Union has always been problematic-prior to its entry into the EU in 1973 as well as during its 43 year membership. However the process of its disengagement from the EU, post June 2016, is technically so complex that the negotiations have assumed a polemical overtone. A botched snap election gambit by the British Prime Minister has added to the confusion. Consequently the nature of the wholesale restructuring of the UK’s relationship with the EU and Brexit’s potential repercussions on the UK as well as the EU is somewhat hard to predict.

 


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