LONDON • Britain's Prime Minister Theresa May will trigger Article 50 of the Lisbon Treaty today, setting the clock ticking on a two-year deadline to reach a Brexit deal with the European Union (EU).
With the French presidential polls coming up in May and the German election in September, and the need to set aside time for the European Parliament to ratify the Brexit agreement, the two sides have under 18 months of real negotiating time.
A transitional deal could be on the cards, to bridge the gap between Britain's departure from the bloc and when a trade pact between the UK and the EU is in place.
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