Effect of Brexit on UK and European Union

A portmanteau of the words “Britain” and “exit” it is the nickname for a British exit of the European Union after the June 23 referendum with the question to voters:

“Should the United Kingdom remain a member of the European Union or leave the European Union?

On June 23, 2016, the conservative British government fulfilled its promise about the referendum of United Kingdom’s membership of the European Union, known as the Brexit referendum. The results were in favor of withdrawing the UK from the EU 51.9% voted to leave the EU.

UK has formally announced its withdrawal from the Membership of EU. Withdrawal is an act by which a member state of an international organization terminates its membership. The right to leave international organizations is explicitly mentioned in the constitutions of most of them and the circumstances regarding to the right of withdrawal vary depending on the organization.

The Economist point of view

This event has become the center point of discussion and critical analysis of scholar’s, economist’s, analyst’s all around the world. The British referendum in favor of the exit from the European Union, known as Brexit, has been described as probably the most disastrous single event in British history since the Second World War 1.

Clearly, in the immediate aftermath of the referendum, the UK will face some key political and economic challenges which include continued access to EU markets, migration, industry and business investment, exchange rates, university research funding, and employability. Looking ahead it seems likely that these persistent and growing challenges will gain significant momentum

Threat to Dissolution

The risks of Brexit are terribly serious as they’ll result with the dissolution of the UK a union that was created over 300 years ago. supported the results of the referendum, European country and Northern Ireland voted against departure the EU, and thus the most dissatisfactions with Brexit were in European country. Scotland are independent and a neighborhood of EU. Less sure however quite probably all or a part of Northern Ireland are often a neighborhood of eire.

History and Brexit

On Sep 18/14, European country had organized a vote on its independence from the uk , however the results were 55.3% with 44.7% in favor of constant to be a neighborhood of the united kingdom . The result was greatly influenced by the actual fact that Independendant Scotland would presumably be treated as a replacement state, then need to apply for membership on the EU. That method will take years and each one EU members would need to approve the appliance and also the risks of Brexit would be increased.

Scotland’s initial minister, Nicola Ferguson Sturgeon, claimed that the UK’s withdrawal from the EU could trigger a second vote on European country independence as a result of Brexit damages the end of the day of the Scots, particularly within the economic terms. Meanwhile, if Scotland organizes another independence referendum, the Scots anger caused by Brexit is expressed through votes and detaching Scotland from the Britain.

The Fear

The fear of the dissolution of UK is additionally inflated by the EU’s promise to Northern Ireland once Brexit. consistent with law of nations, states are often created in a particular way, and may even be created in spinoff type by force (uprising) or peacefully (by agreement), perpetually respecting the international legal order. DUP as a conservative government supporter needs a special Northern Ireland standing within the UK/EU and if London doesn’t agree its requirements, then its support for the conservative government could even be jeopardized.

THE POLITICAL CONSEQUENCES

The European Union is described as sui generis, or ‘unique’ in its own right because, unlike the United Nations and other international governmental organizations, it can actually be said to exercise a degree of sovereignty over its members via law-making powers in certain areas that its members agreed to relocate to the supranational level.

It is clear that people of the UK, especially the British who opposed Britain’s exit from the EU and those who had already understood the consequences of Brexit for their country, although late

The free movement of goods is one of the freedoms of the single market of the European Union. Since January 1993, controls on the movement of goods within the internal market have been abolished and the European Union is now a single territory without internal frontiers.

The abolition of customs tariffs promotes intra-Community trade, which accounts for a large part of the total imports and exports of the 28 Member States.

Once Article 50, is triggered the UK has two years to secure a free trade deal with the EU.

Given the seven years, it took Canada to reach agreement with all 28 EU member states this seems highly improbable. UK firms are liable to face barriers to the EU’s single, tariff-free market because the Government is likely to call for tighter controls over migration. Such controls would breach the EU’s core principle of freedom of movement for workers. EU leaders are unlikely to make concessions to the UK on this issue their fear is that any concession to the UK would lead other member states to demand similar deals, ultimately unravelling the Union.

Discontent

In Europe there is a rising tide of discontent with the growing power of the EU and a desire in some political circles to weaken, or even dissolve, the organization so that more of the power returns to the states. The Brexit debate raised many of these issues and is an interesting instance of the idea of supranationalism being challenged.

Crisis Mode

The European integration project is in poly-crisis mode: the financial crisis, the debt crisis, the economic crisis, the Greek crisis, the populism crisis, the productivity crisis, the terrorism crisis, the refugee crisis and the democratic deficit crisis. But Brexit is a different type of crisis. Brexit raises fundamental questions about the integration project. This was a one-way process a well-defined goal, but because of the ‘new settlement’, no more ever closer union.

Populist movements

Populist movements of the Right are developing across Europe, especially in the light of the refugee crisis that has been triggered by the wars in Syria in Afghanistan and in Iraq and by the consequences of global warming, which is pushing people to leave land that they can no longer farm and to seek a more prosperous life in Europe that they see portrayed daily on their television screens and on internet sites.

Conclusion

As we all know that UK play a huge role in international politics. For now, we can see the UK is weakening day by day as after Brexit it has left its own home. International Politics! It is a question on our heads for Centuries and who knows about the answer?

Chiravat Chearathivat ( Mario )

Founder, Chairman and Chief Executive Officer of The Multinational Corporations & Economist

Chiravat Chearathivat is the founder, chairman, and CEO of The Multinational Corporation. that designs, develops an E-commerce website and social network, which he founded in 2015. Mario is responsible for setting the overall direction and product strategy of the company. He leads the design of the website’s service and the development of its core technologies and infrastructure. Mario studied Mathayom 5, majoring in science, at Bodindecha Sing Singhaseni School before transferring to non-formal education due to financial reasons.

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