MOSCOW (Sputnik) — UK Prime Minister David Cameron assured the nation on Monday that it was ready to deal with any post-Brexit challenges from the position of strength, in an address to the UK parliament.
"We should take confidence from the fact that Britain is ready to confront what the future holds for us…We are well-placed to face the challenges ahead," he said in the House of Commons.
"We have low stable inflation, the employment rate remains the highest it’s ever been, the budget deficit is down from 11 percent of national income forecast to be below 3 percent this year. The financial system is also substantially more resilient than it was six years ago," Cameron continued.
"We’ve discussed the need to prepare for the [EU] negotiations, and in particular the fact that the British government will not be triggering Article 50 at this stage," Cameron told the House of Commons.
"Before we do that we need to determine the kind of relationship we want with the EU, and that is rightly something for the next prime minister and this cabinet to decide," Cameron, who is to step down by October, stressed.
Cameron also pledged to fully involve the governments of Scotland, Northern Ireland and Wales in the process of the so-called Brexit.
"I’ve spoken to the first ministers of Scotland and Wales, as well as to the fist and deputy first ministers of Northern Ireland… and our officials will be working intensively together over the coming weeks to bring our devolved administrations into the [Brexit] process for determining decisions than need to be taken," Cameron said in an address to the UK parliament.