UK warns of âbumpyâ post-Brexit transition despite trade deal British Prime Minister Boris Johnsonâs Conservative government argues that any short-term disruption from Brexit will be worth it, because the U.K. will now be free to set its own rules and strike new trade deals around the world. (Source: POOL via CNN) By JILL LAWLESS and RAF CASERT | December 28, 2020 at 5:48 AM CST - Updated March 22 at 8:32 AM
LONDON (AP) â First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty.
Four days after sealing a free trade agreement with the European Union, the British government warned businesses Monday to get ready for disruptions and âbumpy momentsâ when the new rules take effect on Thursday night.
European Union nations unanimously back post-Brexit trade deal with UK
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Last Updated: Dec 28, 2020, 05:03 PM IST
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The approval had been expected ever since the deal was announced and all EU leaders warmly welcomed it. It still needs approval from the EU s legislature, which is expected to come in February. The UK s House of Commons is expected to approve it on Wednesday.
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LONDON: European Union nations have unanimously approved the post-Brexit trade deal with the United Kingdom, a prerequisite for the agreement to come into operation on New Year s Day.
Germany, which holds the EU presidency, said the decision came during a meeting of EU ambassadors to assess the Christmas Eve agreement.
LONDON (AP) First came the Brexit trade deal. Now comes the red tape.
Four days after sealing a free trade agreement with the European Union, the British government warned businesses to get ready for disruptions and “bumpy moments” when the new rules take effect on Thursday night.
Businesses were scrambling Monday to digest the details and implications of the 1,240-page deal sealed by the EU and the U.K. on Christmas Eve.
The U.K. left the EU almost a year ago, but remained within the bloc s economic embrace during a transition period that ends at midnight Brussels time 11 p.m. in London on Dec. 31.
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UK warns of âbumpyâ post-Brexit transition despite deal
By JILL LAWLESS and RAF CASERT The Associated Press,Updated December 28, 2020, 6:32 a.m.
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Prime Minister Boris Johnson held a press conference on reaching a Brexit trade deal in Downing Street on December 24, 2020 in London, England.WPA Pool/Getty Images
LONDON (AP) â First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty.
Four days after sealing a free trade agreement with the European Union, the British government warned businesses Monday to get ready for disruptions and âbumpy momentsâ when the new rules take effect on Thursday night.