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The “green light” is on, said Sebastian Fischer, the current German presidency.
“The ambassadors unanimously approved the provisional application of the EU-UK trade and cooperation agreement from 1 January 2021,” he added.
The decision of the ambassadors of the 27 EU countries meeting in Brussels will take effect on Tuesday at 3:00 p.m. local time (4 pm Lithuanian).
This will provisionally allow duty-free trade with Britain to resume when it leaves the EU single market on December 31.
The agreement reached on December 24 has not yet been approved by the European Parliament; This is expected to happen in February.
At that point, the UK House of Commons is likely to ratify the deal on Wednesday.
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