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Now that the UK and the European Union have reached an agreement on post-Brexit trade, many will be eager to see the fine print and what it means to them.
There is still much that is unclear, but here is what we know so far about what awaits us on January 1, when the transition period ends.
Fishing
Having considered a sticking point during the negotiations, the UK ended up giving up some ground on how much access me fisherman will have British waters.
There will be a transition period of five and a half years that will allow EU vessels to have the current level of access, although the UK will get two-thirds of its fish after this period.
Boris Johnson said this would see Britain’s share of UK fish increase “substantially”.
Rates
The deal is worth £ 668bn a year and means that UK products can be sold without tariffs or quotas on the EU market, a victory for British producers.
Level playing field
The EU feared that Britain could have an unfair advantage over member states in terms of subsidies and state standards.
An agreement was reached which meant that the UK will not have to follow EU rules, but must respect certain EU principles.
Brussels said this agreement included mechanisms that “will ensure that the rights of businesses, consumers and individuals are respected.”
Laws
After January 1, the laws of the United Kingdom “will be enacted only by the British Parliament as interpreted by British judges in the courts of the United Kingdom and the jurisdiction of the Court of Justice of the European Communities will come to an end”.
Transportation and travel
The EU has said the deal will ensure that passenger rights and transport safety are not undermined.
But the deal still means British tourists will feel a number of shocks, including facing mobile phone roaming charges when traveling to the EU.
When the transition period ends, British passports will be six months old and must be less than 10 years old for people to visit EU countries.
Travelers from the UK will still be able to visit most EU countries without a visa and can stay up to 90 days in any 180-day period, with the exception of Bulgaria, Croatia, Cyprus and Romania, which do not count towards the allowance. .
Starting in 2022, UK citizens will have to pay for a visa waiver scheme to visit many EU countries and the European Health Card will no longer be valid.
There will also be a new system to bring pets on vacation, and people will have to apply for an animal health certificate 10 days before traveling.
Security
Leaving the EU means that the UK will automatically have to renounce its membership in Europol, Eurojust, the European arrest warrant, and data sharing agreements such as the Schengen Information System.
But the prime minister said the new agreement “protects our police cooperation, protects our ability to catch criminals and share intelligence across the European continent in the way that we have done for many years.”
There is still fear of losing access to these data sharing agreements. will make the UK less safeBut the European Commission has confirmed that there are plans for “a new framework for law enforcement and judicial cooperation.”
Students
In a blow to the students, the Erasmus program, which allowed young people to study across Europe, is not part of the agreement.
However, Johnson said a new global scheme will be introduced, named after Bletchley Park codebreaker Alan Turing.
Preparations
People and businesses are still being urged to prepare for the end of the transition period, but the prime minister has said there are “all sorts of things” in the deal to ensure “things flow as smoothly as possible” in the borders.