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If this is not completed within two years then it is likely that [[World Trade Organization]] rules would apply to any future trade unless all EU member nations agree to extending the negotiating period by up to one year.
If this is not completed within two years then it is likely that [[World Trade Organization]] rules would apply to any future trade unless all EU member nations agree to extending the negotiating period by up to one year.
The main concerns of the British government is to ensure access to the single market for its banking and manufacturing sectors - both major income streams for the UK. Along with this the UK business sector are very concerned about the potential loss of EU (especially Eastern European) labour for many agricultural and low paid roles.
==Negotiations==
The main concern of the British government is to ensure access to the single market for its banking and manufacturing sectors - both major income streams for the UK. Along with this the UK business sector are very concerned about the potential loss of EU (especially Eastern European) labour for many agricultural and low paid roles.
Negotiations are proceeding very slowly because of the obstructive tactics of the EU negotiators. They are insisting that Britain must agree to an "exit fee" of over £50 billion before they will start trade talks.<ref>http://www.express.co.uk/news/politics/797852/Brexit-news-EU-expand-Britain-exit-fee-bill-budget-black-hole</ref>
== See also ==
== See also ==