Brexit agreement, what is in the text and who has “won” in fisheries, finance and trade – Corriere.it



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The stages

In London there will be an extraordinary session of the House of Commons on December 30, while the European Parliament will take a little longer: this means that the provisional application of the agreement will begin on January 1, since at midnight On December 31, Great Britain will definitively leave the single market and the customs union. But no surprises are expected and the text should get the go-ahead, especially as even London’s most frenzied Brexitians have welcomed it.

Points

But what does the agreement contain? The most important result obtained is that free trade will continue, so no tariffs or quotas will be introduced on goods: However, customs controls have returned, so there will be a lot more bureaucracy and paperwork that will undoubtedly burden everything (with an inevitable increase in costs). London has brought home the most important Brexit prize, namely the possibility of diverging from European regulations: Brussels may impose sanctions, but disputes will not be governed by the European Court but by independent arbitration.. And that is why Johnson was able to claim full recovery of legal sovereignty. In return, he had to give up something in fishing., which had become the most difficult dispute to overcome. For the next five and a half years, European ships will continue to have access to British waters, albeit in a somewhat more limited way: but after this period London will regain full control of its shores.

The basis of cooperation

Where the agreement is particularly scarce is in services, that is to say in finance, which also make up the vast majority of Euro-British exchanges: but the agreement lays the foundation for further cooperation. For the British government, the agreement is the first step in a “special relationship” between Britain and the European Union. And as Johnson himself said when he presented the booklet with the text on television, they will remain “culturally, spiritually and emotionally part of Europe.”

December 26, 2020 (change December 26, 2020 | 4:46 pm)

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