Back to the complete issue
Thursday, 19 January 2017

Brexit strategy could lead to aggressive negotiations with the EU

UK Prime Minister Theresa May announced the Brexit strategy on Tuesday and it looks like the negotiations might be a slog. Brits are looking to both break with the EU and discuss a new free trade agreement in just two years’ time, CNN says. The country will begin the countdown and discussions in March. But experts say the window is too tight to work out a new agreement, especially since EU officials might “want to take a hardline in negotiations” to make an example out of the UK. Prime Minister Theresa May said she is confident that both sides could come to a understanding to satisfy both sides, but added that "no deal for Britain is better than a bad deal for Britain." The UK will also have to look forward to negotiating trade agreements with around 50 other countries.

Other leading international stories include Senegal impending invasion of Gambia to pressure longtime Gambian ruler President Yahya Jammeh to step down from power, the BBC reports.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.