"BREXIT "- Britain exit from the European union

"BR-EXIT" which means united kingdom's exit from the European Union. This decision of UK had created a lot of disturbance in EU as well as world trade in recent years; the decision of Brexit was approved through a referendum (voted by the public directly) where 52% voted to leave EU and 48% voted to remain in EU. even though there is less majority of 4%, the conservative party of UK strongly determined to leave and constantly suppressed the critics of Brexit either internally or externally, from the year 2016 until its departure from EU in 2020 and also now entered into an 11 month transition period.

Before knowing about the entire course of events that took place in the last 3-4 years related to Brexit; let's know the reasons for Brexit which were put forward by the UK government; which are mentioned below

                                              

firstly, UK is overburdened with the immigrants from other member states of EU; it is contended that UK has absorbed over 333,000 new people in 2015; due to EU policy of immigration which empowers a citizen of EU with the right to travel freely.

                          

secondly, the migration of labour from other poor countries in EU has considerably increased to the UK; as Britain is one of the richest in the union, which overburdened and resulted in the loss of employment to natives of UK.

thirdly, sovereignty of UK is often threatened by the laws of EU and inefficient administration of union in matters of recessions, expanding its role in world trade i.e making of new economic agreements...etc has encouraged UK to leave EU.  

                                                 

fourthly, EU doesn't have a right to collect taxes in its region; member states of union contribute money to its budget annually and EU helps poor countries with this money; the UK is one of the major contributor to budget as it deposits $19 billion annually. UK can save this money for their development if it leaves EU

                                                       

fifthly, security concerns of UK is also the main reason for Brexit; as said above, the migration policy of EU led to entry of many illegal migrants without any check which is a big threat in this era of terrorism and moreover UK contended that it could have a strong migration policy if it leaves EU.

These are some of the reasons behind the "BR-EXIT". As this topic is very big, we committed to explaining in a more comprehensive way, by dividing it into a few parts. you can follow us to know about the Brexit i.e completely and we are going to post other parts day-by-day.

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