The UK and the EU reached a Brexit trade deal

A temporary free trade agreement has been signed by Britain and the European Union to end the New Year’s chaos for border traders and bring certainty to business years later. Brexit mess.

With just over a week to go before the UK’s final secession from the European Union, the UK government said “the deal is done.”

European Commission President Ursula von der Leyen said he was happy with the deal.

“At the end of the journey of successful negotiations, I am generally happy. But today I am just quite satisfied, and, frankly, relieved. I know that for some people and for our friends in the United Kingdom, this is a difficult day. “Participation is a sweet sorrow,” von der Leyen told reporters.

UK Prime Minister Boris Johnson said the deal benefited those who voted for Brexit.

“We have regained control over our laws and our destiny. We have regained control over every jot and title of our regulation in a way that is complete and unwise,” Johnson said in a televised comment.

He stressed that under the terms of the new deal, Britain would be closer to Europe.

“We will be your friend, your ally, your supporter and indeed, it will not be your number one market. Because, even though we have left the EU, this country will remain culturally, emotionally, historically, strategically, geographically connected. Europe,” Johnson said. Continued.

The 500-page deal should ensure that both parties can trade goods without tariffs or quotas. But despite progress, key aspects of the future relationship between the 27-nation group and its former member remain uncertain.

Both the British and European parliaments must vote on the agreement, although not until after the UK leaves the EU’s economic alliance on January 1, 1.

Months of tension and often trial negotiations gradually widened the gap between the two parties on three main issues: fair-competition rules, methods for resolving future disputes, and phishing rights. The rights of EU boats to troll in British waters became the last hurdle before they were resolved.

However, key aspects of the future relationship between the 27-nation group and its former member remain unresolved.

Johnson insisted that the UK would “prosper from prosperity” even if it traded with the EU on WTO terms. But his government has acknowledged that the chaotic exit is likely to bring a gridlock to Britain’s ports, a temporary shortage of some goods and an increase in prices for staple food.

The European Union has long feared that after Brexit, Britain would regulate the bloc’s social, environmental and state aid rules, which would become a low-regulation rival at the bloc’s doorstep. Britain denies plans to set weak standards but says continuing to comply with EU rules would harm its sovereignty.

Difficult “level playing field” issues were finally resolved. The economically insignificant but heavily symbolic issue of fish became the final shocking issue, with countries in the European maritime communities seeking to maintain access to where they had long been fishing and urging Britain to control it as an “independent coastal state”. .

The week-long intense negotiations in Brussels gradually closed the huge gaps over fishing, with Jones insisting that a no-deal exit for nine months of negotiations on future relations between the European Union and its predecessors was a possible and satisfactory outcome. Member nation.

Britain voted 52% -48% to leave the EU and – in the words of the Brexiters campaign – to “regain control” over the UK’s borders and laws – it’s been 4/2 years.

It took Britain more than three years to fight before it left the bloc’s political structure on January 31. It took longer to dismantle the closely linked economics as part of a single market for EU goods and services.

The UK has been part of the single market and customs union during the 11-month post-Brexit transition period. As a result, many may have seen little effect from Brexit yet.

From January 1, the breakup will begin to feel real. The new year will also bring big changes with trade deals. No longer will goods and people be able to move freely without border restrictions between the UK and its continental neighbors.

UK, EU close to Brexit trade deal


EU citizens will no longer be able to live and work in Britain without a visa – although this does not apply to more than a million people already – and Britain will no longer be able to work or retire in EU countries automatically. Exporters and importers face customs declarations, goods inspection and other hurdles.

New restrictions on travelers from Britain to France and other European countries are already taking effect due to new coronavirus variants clearing the UK-EU border in London and the south of England. Thousands of trucks were stuck in a traffic jam near Dover on Wednesday, waiting for their drivers to be tested for the virus so they could enter France at Eurotunnel.

British supermarkets say it will take several days for the backlog to clear and there could be a shortage of some fresh produce during the holiday season.

Despite the deal, there are still unanswered questions about a wide range of areas, including security co-operation between the UK and the bloc and access to the EU market for Britain’s vast financial services sector.