Saturday, June 25, 2016

Liechtenstein on the Brexit

In a press release from Friday, the Princely House noted that the British exit from the European Union will be challenging for both the European Union and the United Kingdom. The exit of the United Kingdom from the European Union will be a negotiated one under Article 50 and will require two years to complete. The statement also noted that it will be important for Liechtenstein to watch the situation closely during this period of uncertainty due to their relationship with the European Union and specifically due to their close relationship with Switzerland. It further stated that Liechtenstein's participation in the European Economic Area remains the ideal form of European integration for the principality.

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