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Members of the European Union, who are meeting in Brussels on Wednesday, are telling Britain they will not begin negotiating any exit strategy until the U.K. formally applies to leave the bloc. That may not happen until Prime Minister David Cameron leaves office, possibly in the fall.  

Cameron, who met with EU leaders on Tuesday, will not attend the latest round of conversations. The EU, which is trying not to encourage euroskeptics in their own countries, will discuss the future of the 28-member-state bloc.

During parting remarks to the press, Cameron warned his own country that in the negotiations over Brexit, the U.K. will not get full and unfettered access to the EU's 500 million consumers. 

Marketplace's Stephen Beard has more on this week's Brussels meetings. Click the above audio player to hear the full interview. 

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Follow David Brancaccio at @DavidBrancaccio