Britain could remain in EU, says Kerry

Image
IANS London
Last Updated : Jun 29 2016 | 8:23 PM IST

Britain could remain in the EU for the foreseeable future, with 10, Downing Street appearing not to know how to negotiate the divorce, US Secretary of State John Kerry said.

In order to leave the EU, Britain will have to implement Article 50 of the Lisbon Treaty, which would kickstart a process that could last months, if not years before an exit was formalized.

This would involve a series of renegotiations of treaties and other headaches for Britain.

"This is a very complicated divorce", Kerry said in Colorado at the Aspen Ideas Festival, days after Cameron announced he was stepping down.

The British Prime Minister feels "powerless" to negotiate the country's exit, which he had campaigned against, RT.com reported. Kerry spoke a day after speaking to Cameron.

Kerry said even the high-profile 'Leave' campaigners such as former London Mayor Boris Johnson were also in no hurry to leave.

Whether this means that Brexit could be reversed remained unclear, Kerry said. "I think there are a number of ways" to go about mitigating the damage, he said.

--IANS

ahm/rn/mr

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 29 2016 | 8:10 PM IST

Next Story