Britain and the European Union have struck a provisional free-trade agreement that should ease the New Year’s chaos for cross-border traders and bring a measure of certainty to businesses after years.
With only one week until Britain’s final partition from the European Union, the UK government said “the deal is done.”
European Commission President Ursula von der Leyen said she was happy with the deal.
“At the end of a successful talk journey, I generally feel happy. But today I only feel quite content, and, speaking candidly, relieving. I know this is a difficult day for some, and To our friends in the United Kingdom, I want to say: Bidai is such a sweet anguish, ”von der Leyen told reporters.
Britain’s Prime Minister Boris Johnson said the deal had been achieved for those who had voted for Brexit.
“We have taken back control of our laws and our fate. We have taken back control of every rule and our regulation is in a way complete and unfounded,” Johnson said in a television comment.
He stressed that under the terms of the new deal, Britain would remain close to Europe.
“We will be your friends, your allies, your supporters, and really, never forget it, your number one market. Because, we left the European Union, this country is culturally, emotionally, historically, strategically, geologically connected Will remain. ” Europe, “Johnson continued.
The 500-page deal should ensure that both parties can trade goods without tariffs or quotas. But despite the success, key aspects of future relations between the 27-nation bloc and its former member remain uncertain.
Both the British and European parliaments must vote on the agreement, although the latter cannot happen until Britain relinquishes the EU’s economic embrace on 1 January.
Months of tense and often testimony negotiations gradually overcome differences between the two sides between three key issues: fair-competition rules, mechanisms to settle future disputes, and fishing rights. The rights of EU boats to be trapped in British waters remained the final hurdle before being resolved.
However, key aspects of future relations between the 27-nation bloc and its former member remain unresolved.
Johnson had insisted that if no deal was reached, Britain would “prosper” and Britain had to trade with the European Union on the terms of the World Trade Organization. But his government has acknowledged that a chaotic exit was likely to bring gridlock to UK ports, temporary shortages of some goods and price increases for staple foods.
The EU has long feared that Britain would reduce the block’s social, environmental and state aid rules after Brexit, which has become a low-regulation rival at the bloc’s doorstep. The UK denied plans to impose weaker standards, but said that following EU rules would undermine its sovereignty.
Eventually an agreement was reached on difficult “level playing field” issues. The issue of the economically modest but highly symbolic fish came as the final sticking point, with maritime EU nations seeking to maintain access to UK waters where they have been fishing for a long time and the UK said It should use control as an “independent coastal state”.
Massive gaps on fishing were gradually closed with weeks of intense negotiations in Brussels, even as Johnson insisted that nine months of talks on future relations between the EU and its former A no-deal exit was a likely and satisfactory result. Member States.
In the words of “Brexiters campaign slogan -” back control “- of Britain’s borders and laws, it’s been 4 1/2 years since Britain voted 52% -48% to leave the European Union.
Britain had to struggle for more than three years before leaving the political structures of the block on 31 January. Dissatisfied economies were closely linked as part of the European Union’s single market for goods and services.
The UK remains part of the single market and customs union during the 11-month Brexit transition period. As a result, many people would have seen little impact from Brexit by now.
From January 1, the breakup will start to look real. The new year will bring huge changes, with a business deal. No goods will be carried anymore and people will be able to move freely without border restrictions between the UK and its continental neighbors.
EU citizens will no longer be able to live and work in the UK without a visa – although this does not apply to the over 3 million they are already doing – and UK people no longer automatically work in EU countries Can or cannot retire. Exporters and importers face customs declarations, inventory checks and other hurdles.
The UK and EU border is already overcoming new restrictions imposed on travelers from Britain to France and other European countries because of a new coronovirus version through London and southern England. Thousands of trucks were stranded in a traffic jam near Dover on Wednesday, with their drivers awaiting a virus test to enter the Eurotunal in France.
British supermarkets say the backlog will take several days to clear and some new products may be lacking during the holiday season.
Despite the deal, there are still unanswered questions about the vast areas, including security cooperation between the UK and access and access to the EU market for the UK’s vast financial services sector.