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UK Prime Minister David Cameron's EU-referendum speech today can be called as Official launch point of renegotiation of Britain's treaty with European Union.
- Mr. Cameron highlighted that there exists difference between European Union and European monetary Union and counties in Euro zone should recognize that.
- Mr. Cameron warned that UK doesn't want to be in EU, if it becomes a single currency club and members with other currencies would be pushed around. The union needs recognition that it is a multi-currency union.
- He called for tougher rules for immigration suggesting newly member states should be barred from free travel within EU, unless their economies converges more with long standing members.
- According to Mr. Cameron, UK will also ask for reforms in relation with European court of Human Rights.
- Mr. Cameron is looking for an EU as flexible union, which is in sharp contrast with Euro zone counties looking for closer integration.
Mr. Cameron cleared that he will be campaigning for Britain's stay in European Union but a reformed one and suggested if UK's demand for reforms drop into deaf years, EU may not be right for UK.
Mr. Cameron also shrugged off any possibility of a second referendum and UK would leave the Union.
