Financial gain: Saudi Arabia's banking transformation is delivering a wealth of benefits, to the Kingdom and beyond    Four given jail terms for Amsterdam violence against football fans    South Korea becomes 'super-aged' society, new data shows    Trump criticizes Biden for commuting death sentences    Russian ballistic missile attack hits Kryvyi Rih on Christmas Eve    Blake Lively's claims put spotlight on 'hostile' Hollywood tactics    Saudi Ambassador to Ukraine presents credentials to President Zelenskyy    Cabinet underscores Saudi Arabia's significant progress in all fields    Viewing and printing vehicle data is now possible through Absher    Saudi Awwal Bank inaugurates Prince Faisal bin Mishaal Centre for Native Plant Conservation and Propagation in partnership with Environmental Awareness Society    Individual investment portfolios in Saudi stock market grows 12% to 12.7 million during 3Q 2024    Five things everyone should know about smoking    Saudi Arabia starts Gulf Cup 26 campaign with a disappointing loss to Bahrain    Gulf Cup: Hervé Renard calls for Saudi players to show pride    Oman optimistic about Al-Yahyaei's return for crucial Gulf Cup clash with Qatar    Qatar coach Garcia promises surprises as they seek first Gulf Cup 26 win    Abdullah Kamel unveils plans to launch halal certificate similar to ISO Value of global halal market exceeds $2 trillion    Emir of Madinah launches first phase of Madinah Gate project worth SR600 million    Do cigarettes belong in a museum    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



In Germany, May seeks to reassure on Brexit, warned over "limbo"
Published in Saudi Press Agency on 20 - 07 - 2016

Prime Minister Theresa May sought to reassure Germany on Wednesday over Britain's vote to leave the European Union, stressing her desire to deepen ties with neighbouring countries in her first foreign visit as leader, Reuters reported.
But while Angela Merkel agreed with May that Britain needed time to put together a negotiating stance before triggering a formal divorce from the bloc, the German chancellor was clear that no one wanted "a long period of limbo".
May, appointed a week ago after David Cameron resigned over the result of the EU vote, has appealed for time to work out how best to attack the unprecedented and complex negotiation for Brexit, with the other leaders in the bloc offering little sign they will make things easy for Britain.
By heading to Germany and then later to France, May is keen to sound out the EU's two most powerful leaders, Merkel and President Francois Hollande, as, officials expect, the EU's biggest member states will take a lead in the talks.
"(The visit) underlines my personal commitment to bring a strong and constructive partnership ... a partnership that works for the benefit of people here in Germany and people back home in Britain," May told a news conference standing next to Merkel.
"I also want to be clear here today, and across Europe in the weeks ahead that we are not walking away from European friends."
Merkel reiterated that there could be no formal negotiations on the terms for a post-Brexit Britain before London invokes Article 50 of the EU's Lisbon Treaty to trigger the formal exit procedure. She urged May not to wait too long.
"Nobody wants a long period of limbo. Neither the British people nor the European member states," Merkel said.
"Everyone has an interest that the preparations are conducted in a thorough manner, that the positions are clear, and I think it is absolutely understandable that Britain needs a certain amount of time for this."
May has said that Britain would not trigger Article 50 this year.


Clic here to read the story from its source.