News:United Kingdom has decided to re-introduce the two-year post-study work visa for international students.
Facts:
- The new visa rules will allow International students to stay in the UK for two years after graduation to find a job.
- The move reverses a decision made in 2012 by the UK Government that forced overseas students to leave four months after finishing a degree.
- The change will apply to international students in the UK who start courses at the undergraduate level or above from 2020.
- This decision is aimed at attracting the brightest and the best students around the world and a sign of the UK’s ambition once the Brexit happens.
Additional information:
About Brexit:
- Brexit is a term used to define United Kingdom coming out of European Union(EU).During a referendum in 2016,UK voted by a narrow margin in favour of Brexit.
- Article 50 of the Treaty of Lisbon gives any European Union(EU) member state the right to quit unilaterally and outlines the procedure for doing so.
- The treaty gives the leaving country two years to negotiate an exit deal.
European Union:
- The European Union is an international organization made up of 28 European countries.It governs common economic,social and security policies of its member states.
- It operates an internal (or single) market which allows free movement of goods, capital, services and people between member states.
- The 19 EU countries use EURO as their official currency.But nine EU members namely Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom do not use the euro.
European Economic Area (EEA):
- EEA brings together the EU Member States and the three EEA EFTA States namely Iceland, Liechtenstein and Norway in a single market referred to as the Internal Market.
- Switzerland is not part of the EEA Agreement.The relations between Switzerland and the EU are framed by a series of bilateral treaties whereby the Switzerland has adopted various provisions of European Union law in order to participate in the Union’s single market without joining as a member state.
