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Fresh start: UK issues 50-piece ‘Brexit Coin’, says it symbolizes new chapter

  • Chancellor Sajid Javid on Sunday released a 50 paise Brexit coin.
  • If a deal is sealed by 31 January, then 30 lakh coins will be issued on that day.

London: The UK may exit the European Union (EU) on 31 January. Earlier on Sunday, Chancellor Sajid Javid issued a 50 paise Brexit coin. Written on it- Peace, prosperity and friendship with all countries. The date of 31 January is also recorded. On 25 January, UK Prime Minister Boris Johnson signed an agreement to exit the EU. If this deal is done, 30 million (three million) coins will be released in the UK on Friday.

After this, 70 lakh coins will be released by the end of the year. If there is a reshuffle in the date of Breguit, all these coins will be strangled and the next date will be recorded. On the other hand, Royal Mint says that if demand for these coins increases, they will work 24 hours.

‘Turning Point for us’

Javid pointed out that leaving the European Union is an important turning point in our history and this coin marks the beginning of this new chapter. It is expected that the European Union will sign the Bregit deal this week.

What next in Brexit?

After January 31, a 11-month transition period has been kept. Britain will no longer be a member of the European Union, but will follow its rules and contribute to the budget. The transition period has been kept so that Britain and the EU can discuss future relations, including trade agreements. The transition period will begin on February 1.

Brexit is likely to cause a loss of 18.9 lakh crore to the British economy from 2016 to 2020. Currently, it is worth Rs 12 lakh crore. is. According to Bloomberg, global growth has been weak in recent years, but Britain has lagged behind. Its annual growth rate has come down from 2% to 1%.

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