13/04/2014
The current funding round for the EU budget ends in 2020 with a new
six-year cycle due to commence in 2021. (p.16)
It's a seven-year cycle. The current cycle is 2014 to 2020 inclusive.
Article 50 of the Lisbon Treaty sets out that an FTA should be agreed within two years. (p.16)
It doesn't.
Quoted from:
Old Friends, New Deals: The Route to the UKâs global prosperity through International Networks,
Tim Hewish, IEA Brexit Prize winner, April 2014.
