Brexit: Britain could remain in EU, says John Kerry

By: | Published: June 29, 2016 8:47 PM

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.

john-kerryJohn Kerry said even the high-profile ‘Leave’ campaigners such as former London Mayor Boris Johnson were also in no hurry to leave. (Reuters)

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.

John 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.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition