U.K. ready to launch Brexit process on March 29

03/20/17 11:10 AM EDT

By Jenny Gross

Negotiations between the U.K. and the EU will take place over a two-year period

Britain will notify the European Union on March 29 that it will start the process of extricating itself from the bloc, opening a two-year window for negotiations, U.K. Prime Minister Theresa May's spokesman said Monday.

Britain's ambassador to the EU, Tim Barrow, told the office of European Council President Donald Tusk on Monday morning that Britain would trigger Article 50 of the Lisbon Treaty next Wednesday, May's spokesman said.

"We are on the threshold of the most important negotiation for this country for a generation," David Davis, Britain's Brexit minister, said in a statement. "The government is clear in its aims: a deal that works for every nation and region of the U.K. and indeed for all of Europe--a new, positive partnership between the U.K. and our friends and allies in the European Union."

May's letter to the European Council will mark a key moment in Britain's path out of the EU, setting in motion the unwinding of 40 years of ties and paving the way for Britain to leave the bloc by March 2019. The negotiations will be some of the most complex either side has undertaken, and the two sides publicly remain far apart on central issues.

An expanded version of this report appears at WSJ.com (https://www.wsj.com/articles/u-k-to-trigger-article-50-on-march-29-1490010383).

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-Jenny Gross ; 415-439-6400; AskNewswires@dowjones.com

 

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03-20-17 1110ET

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