UK Parliament Approves Brexit Trade Deal with EU as Both Sides Look to the Future
Britain and the European Union signed the deal on Wednesday and the British parliament will finalise its implementation, ending over four years of negotiation and safeguarding nearly a $1 trillion of annual trade.
Britain s Prime Minister Boris Johnson gives a thumbs up after signing the Brexit trade deal with the EU at number 10 Downing Street in London, Britain December 30, 2020. Photo: Leon Neal/Pool via Reuters
World31/Dec/2020
London/Brussels: British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
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Tory former chancellor Lord Lamont has declared it “time to let the grass grow over the Brexit battlefield”.
The prominent Brexiteer made the plea as Parliament backed Boris Johnson’s historic post-Brexit trade deal with the EU.
The European Union (Future Relationship) Bill, which brings the landmark agreement into law, was fast-tracked through the Commons and Lords in a single day.
After receiving royal assent, the Act paves the way for the deal to take effect at 11pm on Thursday when the current Brexit transition period – during which the UK has continued to follow EU rules – ends.
Speaking during a marathon debate in the House of Lords, in which more than 120 peers spoke, Lord Lamont hailed the securing of an agreement with Brussels “an amazing achievement”.