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Details Of New Brexit Agreement

European Union officials have made no secret of the fact that they want a free trade agreement with Britain, and that is exactly what the political agreement published on Thursday says. The agreement would also preserve the single travel area on the island of Ireland. 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. It also covers the border between Ireland and Northern Ireland. The agreement covers issues such as money, citizens` rights, border settlement and dispute settlement. It also contains a transition period and an overview of the future relationship between the UK and the EU. It was published on 14 November 2018 and was the result of the Brexit negotiations. The agreement was approved by the heads of state and government of the remaining 27 EU countries[9] and by the British government led by Prime Minister Theresa May, but it met with opposition from the British Parliament, whose approval was required for ratification. The consent of the European Parliament would also have been necessary.

On 15 January 2019, the House of Commons rejected the Withdrawal Agreement by 432 votes to 202. [10] On March 12, 2019, the House of Commons again rejected the agreement by 391 votes to 242,[11] and rejected a third time on March 29, 2019 by 344 votes to 286. On 22 October 2019, the revised withdrawal agreement negotiated by the Boris Johnson government opened the first stage in Parliament, but Johnson suspended the legislative process when the accelerated authorisation programme did not receive the necessary support and announced his intention to proclaim a general election. [12] On 23 January 2020, Parliament ratified the agreement by adopting the Withdrawal Agreement. On 29 January 2020, the European Parliament approved the Withdrawal Agreement. It was then closed by the Council of the European Union on 30 January 2020. The Withdrawal Agreement provides for a transitional period until 31 December 2020, during which the United Kingdom will remain in the internal market to ensure smooth trade until a long-term relationship is agreed. In the absence of an agreement on that date, the UK will leave the internal market on 1 January 2021 without a trade agreement. The Withdrawal Agreement is closely linked to a non-binding political declaration on the future relationship between the EU and the UK. .

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