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Bangladesh will not have such an impact
Another inevitable consequence of this agreement is that the United Kingdom will now be able to freely enter into trade agreements with any other country in the world. The UK has already signed bilateral trade agreements with several countries. However, the size of its trade is not significant compared to the European market.
This agreement does not seem to have much effect in Bangladesh. This is because Bangladesh already has duty-free access to the European market and the UK has committed to maintaining that service. But it’s about formalizing that guarantee, and we can benefit a little if we do it quickly.
Boris’s strategy or Corona’s push
Just a week ago, both parties indicated that an agreement might not be possible. So how was the last minute engagement possible? Many critics say Prime Minister Boris Johnson’s intention was to keep people from scrutinizing the deal out of concern about Christmas. Before the end of the year, an extraordinary session of parliament has been called on December 30 to seek its approval, where there is no room for a lengthy debate. Opposition groups called for the resignation of the accused prime minister. As a result, possible opposition from his own party will not be a problem for Johnson.
The second theory is that Joe Biden’s success in the US elections made separation through an agreement inevitable. Because, he has repeatedly said that he would not support any measure to restore the border between Northern Ireland and the Republic of Ireland and jeopardize the Good Friday peace treaty. If that were the case, the US bilateral trade agreement would be in jeopardy.
However, many observers believe that the sudden appearance of a more contagious corona strain has turned the tide. They say that the chaos created by Europe’s unexpected and unprecedented travel ban in the UK following the release of this new kind of Covid news has made everyone realize how catastrophic Brexit would be without a treaty.
