British parliament vote in favor of Brexit

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  • Brexit is the term recently used for the process of the Britain to out Europe
  • European union was formed by treaty of Lisbon as economic and custom union and have common currency also
  • Britain passed referendum stating exist of the European union but Supreme court ordered parliamentary vote as mandatory
  • Recently parliament vote with overwhelming majority to exit Britain that will take around two year of procedure
  • Following are the effect of Britain exit on indian economy
  1. Indian firm have to get visa for European country also
  2. Now trade have border as uniform market broken with European
  3. If post Brexit Britain turn toward india that will help us to boost trade
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