Britain will have to change more than 20,000 of its laws so that it can complete its divorce proceeding. Furthermore, as a member of the EU, Britain cannot undertake any bilateral agreement(s).
Jean-Claude Juncker, the President of the European Commission believes that it will take longer than just two years to negotiate, in all respects, Britain divorce with the European Union.
“I do not think .. we will succeed within 24 months to clear up the arrangements for Britain’s exit from the EU and to (forge) the whole relationship between Britain and the European continent,” said Juncker in a speech on the sidelines of the international Munich Security Conference.
British Prime Minister Theresa May has stated she will trigger Article 50 of the EU’s Lisbon Treaty in March 2017 thus kickstarting divorce proceedings which can last up to two years.
Shedding some light on the issues involved, Juncker said more than 20,000 laws will have to undergo change in Britain before it could leave the bloc.
Significantly he also mentioned that Britain will not be able to complete any bilateral trade agreements while still being in the EU.
“Trade deals are the remit of the EU… Britain cannot complete trade deals with half the world – although it is doing the opposite,” said Juncker.