Brexit refers to the UK's withdrawal from the European Union. The UK held a referendum in June 2016 to decide whether to remain or leave the EU, in which leaving won by a small margin. This started the Brexit process. Some of the key reasons for Brexit included concerns about EU immigration levels and the loss of UK sovereignty and control. The economic and business impacts have been mixed, with short term instability but a recovery for the pound and some measures. Negotiating the terms of Brexit has been challenging and the future UK-EU relationship remains uncertain.

1. WELCOME

3. WHAT IS BREXIT ?

4. Brexit is the withdrawal of
the United Kingdomfrom
the European Union.

6.  There were twenty-eight member nations of the
EU – collectively known as EU28.
 It was formed in 1993 for the purpose of
achieving political and economic integration.
 European union is a unique political &
economic partnership between 28 European
countries that cover much of the continent.
 The main purpose of the EU is to promote a
greater social, political & economic harmony among
the nations of Western Europe.

7. EU 28 Members in 2015

8. United Kingdom joined European Union
 In 1975 the United Kingdom held a referendum in which
the electorate was asked whether the UK should remain in the
European Economic Community (EEC).
 All of the major political parties and mainstream press
supported continuing membership of the EEC.
 Since the cabinet was split between strongly pro-European
and strongly anti-European ministers, Harold Wilson suspended
the constitutional convention of Cabinet collective responsibility
and allowed ministers to publicly campaign on either side.

12. Immigration:
The main reason for Britain's exit form EU is the
problem of immigration. Any EU citizen can work in
any member nation of EU. Approximately, 1 million
people migrated to Britain in large number.

13. Loss of Employment And Employment Opportunities:
As due to immigration of low skilled people who will
work for less salary, Britain's citizens lost their
employment and also resulted in reduction of salaries
for British people.

14. Sovereignty:
Britain ruled many countries overall the Globe by
making those countries as British colonies in 19 & 20
centuries. Even though there are no colonies and
colonialism of Britain at present it thought that the
prestige of being sovereign power will be lost if it is
under the leadership of all EU member nations.

15. Syria and Iran Economic Crisis:
One of the reasons for BREXIT is that the Britain does
not handle well the economic crisis of Syria and Iran.

16. Increased Terrorism and Low Economic Growth:
Increase of terrorist activities and attacks over all the EU member nations has
resulted in slowdown of industrial growth. Being a member nation in EU,
Britain cannot take its own decisions regarding any important problems; it
cannot change some laws etc. without the majority in EU Parliament. So this
limited its scope of functioning towards what is needed in Britain, by the
British Parliament. It resulted in a slowdown in Britain's economy.

17. HOW IT HAPPENED?
UK
 UK held a referendum on 23rd June, 2016, to decide whether
the UK should leave or remain in the European Union.
 Prime Minister David Cameron resigned the morning after the
vote and a few weeks later, Theresa May was elected leader of the
Conservative Party and new Prime Minister.
 The process of Brexit has begun although the timing of the
decision to invoke Article 50 of the EU treaty remains uncertain.
 After Article 50 was invoked, there was a maximum period of
two years before the UK finally leaves the EU.
 The terms of the UK's new economic relationship with the EU
also remain uncertain

18. The June 2016 Brexit Result

20. BREXIT
Leaving EU - UK Agreement Options
• Similar to Swiss agreements
• Part of EFTA, not in Schengen
• Access to the single market for
goods but not services
• EU’s free movement of people
• Contribute to the EU budget for
specific parts...
Soft Brexit
• Similar to Canada trade deal
• Not part of EEA, EFTA, Schengen
• Tariff-free access for most goods
• No free movement of people
• Custom controls...
Hard Brexit
NoBrexit
NoDeal

21. Whatever deal or no deal …
…it is going to be a big deal
BECAUSE

22. Some facts on the UK
 The UK represents 21% of the EU audiovisual
market. Together with Germany it is the biggest market
in the EU.
The UK produces 16% of all EU films.
The UK is the number one producer of high-end TV
series in Europe.
The UK is the main country of establishment in the
EU28 for TV channels and on-demand services.

23. ThreeconditionsbyUKandEU
1. How much the UK owes the EU. (estimated to be about
£30 billion).
2. What happens to the Northern Ireland border.
3. What happens to UK citizens living elsewhere in the EU
and EU citizens living in the UK.

24. The Debate
• Arguments for and against Brexit, according to the main campaigns

25. Impact on Economy
• It was predicted that the EU would instantly impact the
economy.
• Right after leaving the EU the British pound lessened
on value.
•Since then, it has now regained its losses against the
dollar, while remaining 15% down against the euro.
• The predictions have been proven wrong of the instant
negative impact on the economy.

26. Impact on Business and Labour
Employment
•There has been a symbiotic relationship between EU and Britain in
terms of investment. But there is an uncertainty for both
Multinational business in UK and EU once Britain finally leaves
European union. UK dropped down to be the worst performing
country within G7 in 2018.
• Services were hit badly too. Around 10500 jobs were lost by the
first day of BREXIT..
•BREXIT also took away UK's tag as the Europe's tech capital. This
also lead to potential disinvestment..
• Car Industry, Construction and Manufacturing all took a growth
hit by 10%.

27. •The decision of Britain leaving European Union will always have a two sided
argument. With Stagnation and Sovereignty at stake, some might say it's a right
decision. But on the other hand the various economic impacts ranging from effect
on trade, labour an industries will be a contention for discourse on whether the
referendum gave a proper voice to the majority decision.
• The road ahead does not seem to be an easy one for Britain. Border issues will
be a major political contention between European Union and United Kingdom.
Immigration and cross border travel within Europe will see a major impact.
•Thus we can infer that the long road ahead of BREXIT negotiations and deal
will have an unpredictable impact on the contemporary world.

29. JIGAR VASOYA FEZALGHANCHI
YULIANNA
LIAPKINA
MADDU
NARENDRANATH