Brexit: This Is How The Final Agreement Between The United Kingdom And The European Union Remained At The Last Minute

After months of negotiations and delays due to the coronavirus pandemic, the European Union and the United Kingdom finally reached a final agreement to specify the terms of the so-called Brexit. Although the separation became official on January 31, 2020, it was agreed that the rest of the year would be a transition period to refine details about their future relationship, especially in commercial matters.

The deadline for reaching a resolution would expire on December 31 and it was feared that there would be no agreement . But almost at the last moment, the European bloc and the British government resolved the most difficult issues. They will no longer have to abide by the terms of the World Trade Organization (WTO) , which would have meant new tariffs, regulatory controls and a lot of paperwork.

The news was released on December 24, as if it were a Christmas present for those involved.

“The UK remains a trusted partner. We will work shoulder to shoulder to meet our common global goals. But now let’s turn the page and look to the future. To all Europeans I say: it is time to leave Brexit behind. Our future is made in Europe ” 

https://www.entrepreneur.com/article/362361?utm_source=feedly&utm_medium=webfeeds

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