What Is The Proposed Brexit Agreement

The Brexit Withdrawal Agreement, officially titled ”Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community”[3][4], is a treaty between the European Union (EU), Euratom and the United Kingdom (UK)[5], signed on 24 January 2020, which sets out the conditions for the United Kingdom`s withdrawal from the EU and Euratom. The text of the treaty was published on 17 October 2019[6] and is a renegotiated version of an agreement published six months earlier. The previous version of the Withdrawal Agreement was rejected three times by the House of Commons, leading Queen Elizabeth II to accept Theresa May`s resignation as Prime Minister of the United Kingdom and to appoint Boris Johnson as the new Prime Minister on 24 July 2019. The EU and the UK reach a provisional agreement. It provides for a transitional period until 31 December 2020 during which all EU rules will continue to apply. The Northern Ireland Protocol was designed to protect these interests, regardless of what happened in the wider eu-UK trade negotiations. But Johnson`s government has now decided it wants to make unilateral changes to a plan it agreed to less than a year ago – undermining the already weak deal and negotiations with the EU on the future relationship. The 2019 revisions also adapted elements of the political declaration, replacing the word ”appropriate” with ”appropriate” in relation to labour standards. According to Sam Lowe, a trade researcher at the Centre for European Reform, the change excludes labour standards from dispute resolution mechanisms.

[27] In addition, the level playing field mechanism has been moved from the legally binding Withdrawal Agreement to the Political Declaration[24] and the line in the Political Declaration that ”the UK will consider aligning itself with EU legislation in relevant areas” has been deleted. [26] Here`s a look at what`s in the new deal and how it differs from the deal that May rejected. .

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