UK, European Union reach Brexit trade deal with just days to spare
By Asianet Newsable English | First Published Dec 24, 2020, 9:52 PM ISTThe United Kingdom and the European Union have reached a post-Brexit Free Trade Agreement after months of negotiations.
The United Kingdom and the European Union have reached a post-Brexit Free Trade Agreement after months of negotiations.
The deal averts a potential disruption to food and other vital supplies that could have happened when the economic transition period expired on December 31.
Latest Videos
UK Prime Minister Boris Johnson said that the agreement will able the country to do free trade deals as one United Kingdom -- England, Scotland, Northern Ireland and Wales together.
The United Kingdom has agreed a Free Trade Agreement with the European Union.
See what this deal means for you ⬇️ pic.twitter.com/x4DetmQqcO
Boris also said that the free trade deal will protect jobs and allow UK goods to be sold without tariffs and quotas in the EU market.
It will also allow companies to do even more business with Europe, he said.
British laws will be made solely by the British parliament, interpreted by UK judges sitting in UK courts and the jurisdiction of the ECJ will come to an end.
EU leaders, the European parliament, and the UK government will all need to now approve the agreement on their own.
subscribe to Asianet Newsable WhatsApp channel by clicking here. For more reliable and latest news
subscribe to Asianet Newsable Telegram channel by clicking here.