Brexit Update - Thursday, March 14, 2019

On Wednesday, March 13, the United Kingdom Parliament voted against exiting the European Union without having a withdrawal deal in place.
 
Turning towards the next vote on Thursday, March 14, the UK Parliament will vote as to whether or not to request an extension of the mandatory two-year negotiation period, which is set to end on Brexit Day, March 29. If this measure passes, then the EU and all of its member nations will need to approve the request for an extension unanimously.
 
It is not certain what will occur should the EU reject a potential extension request. Potential options could be that Prime Minister Theresa May is coerced to hold a second referendum on Brexit or that another negotiated deal is brought forth to Parliament to avoid a no-deal exit.
 
Aires will continue to monitor the developing Brexit news.

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Aires delivers best-in-class global and domestic relocation solutions and mobility program management. Having been recognized by The Forum for Expatriate Management, the Better Business Bureau, and the Stevie Awards for organic growth methodology, excellent client/vendor partnerships, and leading-edge proprietary technology, Aires focuses on people, process, and technology to deliver world-class service. The company has also achieved ISO 9001, ISO 14001, FIDI-FAIM, C-TPAT, and Privacy Shield certifications and registrations. Clients are assured a focus on quality and customer service excellence when partnering with Aires. For more information, please visit www.aires.com.