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Summary Of New Withdrawal Agreement

12 Apr

On 19 October, a statement was also made to Parliament that a political agreement had been reached. The agreement also provides for a transitional period, which will last until 31 December 2020 and can be extended by mutual agreement. During the transitional period, EU legislation will continue to apply to the UK (including participation in the European Economic Area, the internal market and the customs union) and the UK will continue to contribute to the EU budget, but the UK will not be represented in EU decision-making bodies. The transition period will give businesses time to adapt to the new situation and the new era, so that the British and European governments can negotiate a new trade agreement between the EU and the UK. [17] [18] In the 2019 revisions, elements of the political statement were also adapted, replacing the word “appropriate” with “appropriate” with respect to labour standards. According to Sam Lowe, a trade fellow at the Centre for European Reform, the amendment excludes labour standards from dispute resolution mechanisms. [27] In addition, the Equal Competition Mechanism has been postponed from the legally binding withdrawal agreement to the political declaration,[24] and the line of the political statement that “the United Kingdom will consider taking into account alignment with trade union rules in the relevant areas” has been removed. [26] The British Parliament approved the draft agreement by adopting 2020 implementing laws (The European Union Withdrawal Agreement (Withdrawal Agreement) 2020 Act. Following the signing of the agreement, the UK Government adopted and tabled the UK`s ratification instrument on 29 January 2020. [7] The agreement was ratified by the Council of the European Union on 30 January 2020, after approval by the European Parliament on 29 January 2020. The UK`s withdrawal from the EU came into force on 31 January 2020 at 11 .m GMT, when the withdrawal agreement came into force in accordance with Article 185. The most important elements of the draft agreement are:[21] The declaration on relations between the European Union and the United Kingdom, also known as a political declaration, is a non-binding declaration that has been negotiated, negotiated and signed with the UK`s binding and broader withdrawal agreement from the European Union (EU). and the expected end of the transition period.

The withdrawal agreement also contains provisions for the United Kingdom to leave the Convention setting the status of European schools, with the United Kingdom sticking to the convention and accompanying regulations on accredited European schools until the end of the last academic year of the transition period, namely:

 
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