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**Chris** · 08-12-2016, 09:11

The only potential problem is that either desirable outcome of the two year period (deal or extension) requires unanimous agreement. If the assembly of the walloons or whatever they are decide to dig their heels in, then no deal is possible and equally no agreement to extend negotiations is possible either. In those circumstances the U.K. automatically leaves the EU after the two years with no treaty governing its future relationship with the bloc. Trade in and out of the bloc is organised by default on WTO rules and tariffs.

Having said that, many don't see that as a major problem...

08-12-2016, 09:11	#3086
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,225	Re: Post-Brexit Thread The only potential problem is that either desirable outcome of the two year period (deal or extension) requires unanimous agreement. If the assembly of the walloons or whatever they are decide to dig their heels in, then no deal is possible and equally no agreement to extend negotiations is possible either. In those circumstances the U.K. automatically leaves the EU after the two years with no treaty governing its future relationship with the bloc. Trade in and out of the bloc is organised by default on WTO rules and tariffs. Having said that, many don't see that as a major problem...