UK wants exit from European union , So in this PPT we will know more about brexit

1. Ramdas D.Patil
ICFAI Business
School, Pune

3.  In 1957 European Economic Community was
formed
 In 1973 an economical & political partnership
of 28 countries
 In 1993 they form properly political &
economical union of 28 countries
 In 2004 EU introduced Euro New Currency.
11 EC using Euro as official currency
 Single market principle
 Switzerland, Russia , ukraine,belarus ,Norway
& others not part of EU but part of EEA…?

4.  UK joined the EEC in 1973.
 In 1975 UK political party took “Referendum”
 What is “Referendum” ?.......
 According to Result 68% votes in favor of stay .
 UKIP( political party) established in 1993 ,Main
motto of UKIP was separation from EU.
 In 2014 EU parliament took election & UKIP got 25%
vote out of total .
 In 2015 Ruling party promise to public for
Referendum “ stay or leave “in EU .

5.  EU charged £13 billion pounds a year of
membership fees from UK & Gave in returned
only £ 7 billion it was very less .
 Too much “Red Tape”. what is Red Tape ….?
 UK wants Freedom & liberty of own decision .
 Immigration affecting on UK hard (3.5lac..people
comes in UK every yr.& UK wants only 1
 Future identity crisis. Law & order problems
Economic burden
 Economy-UK wants supercharge power in
economy such as Singapore

6. Why Stay………?
 UK remain with EU Real GDP growth of 2.3% per yr.
 Easy for Import & Export ……
 Flow of Immigrants ,workforce available very easy
economic growth will increase. ..
 Leaving the EU could also affect on FDI
 More Secured as part of 28 nation club….
 Bargaining power was high compared to other…
 For Business purpose it`s was good
“ Main Leader of Stay campaign... “
 David Cameron – PM of UK
 Theresa may – HM of UK ( Now PM of UK )
 Jeremy Corbyn – Head of Labor Union

7.  70% of major business expect damage if UK leave the
EU. A new survey shows 70% of the UK’s largest
companies, think they’ll be hit if UK leaves the EU…
 TTIP-deal between US and EU will not benefit UK if
they leave EU……
 CETA-between Canada and EU will also not benefit
for UK if Brexit happen….
 4 /5 Small Business might suffer losses If Brexit will
happen…..

8. The Brexit Polls Break up…June 23,2016
UK Constituents Exit Remain Final Verdict
 England 53.4% 46.6 % Exit
 Wales 52.5% 47.5% Exit
 Ireland 44.2% 55.8% Remain
 Scotland 38% 62% Remain
 Total 52% 48% Exit….
 Huge regional disparity……
 Ireland & Scotland majority for stay…..
 London city also favor in stay…..

9.  David Cameron resigned as PM …
 Theresa may new PM of UK (2nd lady PM in UK history )
 Nigel farage also resigned UKIP (Diane James new head UKIP)
 International Market collapsed …..
 Pound (£)valued decline in huge %,London stock
exchange suddenly goes down drastically..
 World stock market collapsed in huge amount…
 If Stock market falls, Debt interest rate will rise.

10.  “Article 50 of Lisbon treaty”..EU`s legal process
for any country wants leave EU….…
 UK`ll start Exit process with Article 50..
 Law formed in 2009 by EU
 2yr notice period for withdrawal from EU
 David Davis – minister of Brexit UK
 Referendum is not legal binding

11.  UK`s Future – depend on decision
 Scotland will leave UK ( Nicola sturgeon minister of Scottish Gov.)
 Northern Ireland also`ll leave UK …
 Political & historical it`s very imp, moment for UK
 UK`ll leave EU but can be part of EEA..(1st step of join EU)
 What is EEA..?(European Economic Area )
Some countries part of EEA but not part of EU Ex…?