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This policy brief, written on the eve of Article 50’s triggering, deals with the legal framework and political constraints of the Brexit negotiations. It assesses the reversibility of Brexit, the likely duration and possible outcomes of the negotiations, the legal options for the transition period, and the probable impact of Brexit on the EU27 in general and Central Europe in particular. It concludes that the new partnership between the UK and the EU27 will have to go beyond even the most comprehensive free-trade agreement and it should also include finance, energy and external economic policies, as well as covering foreign policy, security and defence.
János Martonyi is a former Hungarian minister for foreign affairs and a member of the Executive Board of the Wilfried Martens Centre for European Studies.
Open AccessThis article is distributed under the terms of the Creative Commons Attribution License which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited.