UK plan for formal European Union exit             

UK plan for formal European Union exit             

LONDON: (APP) Foreign Secretary Boris Johnson said Thursday that Britain was aiming to trigger Article 50, the formal process for leaving the European Union, early next year.

"We are talking to our European friends and partners in the expectation that by the early part of next year you will see an Article 50 letter. We will invoke that," he told Britain's Sky News television in New York.

READ MORE:  UK to seek ‘unique’ deal to leave EU: PM’s spokesman

Prime Minister Theresa May has previously said only that Britain would not trigger Article 50 before the end of this year.

Doing so would mark the formal start of a two-year negotiation period for Britain to leave the EU following its referendum vote in June to pull out of the 28-nation bloc.

READ MORE:  World Economy at risk after UK leaving EU: G-20

But Johnson, who spearheaded the campaign for Brexit, indicated he did not think the negotiations would need the full two years to be completed.

READ MORE:  Brexit: What would be financial implications of UK leaving EU ?

"In that letter I am sure we will be setting out some parameters for how we propose to take this forward," he added.

"I don't think we will actually necessarily need to spend a full two years but let's see how we go."