After months of negotiations and delays due to the coronavirus epidemic, European Union and United Kingdom Finally arrived Final settlement To specify the conditions of the so-called Brexit. Although the separation became official on January 31, 2020, it was agreed that the rest of the year would be a transition period to refine details about their future relationships, particularly commercial matters.
The deadline for reaching a resolution will expire on 31 December and it was feared that there would be no compromise. But at the last moment, The European bloc and the British government resolved the most difficult issues. They no longer have to follow the terms World Trade Organization (WTO) , Which would mean new tariffs, regulatory controls and a lot of paperwork.
The deal was done. pic.twitter.com/zzhvxOSeWz
– Boris Johnson (@Boris Johnson) 24 December 2020
News release On 24 December, as If it was a Christmas present for those involved.
“Britain remains a trusted partner. We will work shoulder to shoulder to meet our common global goals. But now let’s turn the page and see the future. To all Europeans I say: The time has come to leave Brexit behind. Our future is made in Europe “ , President of the European Commission, Ursula von der Leyen, Through twitter.
The UK remains a reliable partner. We will stand shoulder to shoulder to meet our common global goals.
But now let’s turn the page and see the future.
To all Europeans I say: The time has come to leave Brexit behind.
Our future is made in Europe. pic.twitter.com/QefWjB5KdH
– Ursula von der Leyen (@vonderleyen) 24 December 2020
The final document is 1,200 pages long, detailing the issues that will impact the daily lives of the residents of both areas.
Here is a summary of the key points in the Brexit deal:
There will be no additional charge on goods (Tariff) Or limits on the amount that can be traded (quota) From 1 January between UK and EU.
There will be Additional control over borders, such as In the form of security checks and customs declarations. Therefore, companies that depend on transporting goods to and from the European Union will need to be prepared.
For services including financing (very important for the UK economy), the picture is still unclear. Automatic right to use the services will be lost , But Britain said compromise “Blocks market access to virtually all sectors . ”
There will no longer be automatic recognition of certificates for such professionals As a doctor, nurse and architect.
The uk becomes Independent coastal states And decide to have access to its waters and fishing grounds
However, EU ships will be able to catch fish in British waters At least a few years.
25% of the value of your current catch will now be available to UK fishing vessels. There will be one Transition period of five and a half years It needs to be phased out.
After the transition, the UK and EU will Chat periodically for everyone Water of another.
UK citizens will need a visa There will be additional border controls in the EU for migrations of more than 90 days over a period of 180 days, and for British travelers.
EU Pet Passport Will no longer be valid.
British traveler Will still be able to use emergency medical care in the European Union. The European Health Insurance Card (TSE) will remain valid till its expiry. According to the UK government, they have to be replaced by one ‘UK Global Health Insurance Card’ .
In Mobile telephony Agreed to work with reasonable and transparent rates for both ” International roaming “However, nothing prevents European travelers from using their phones in the European Union and charging vice versa.
Britain will no longer participate in the European Union Erasmus Exchange Program, Which helps students form part of their educational training in other countries. It will be replaced by a new program named after mathematician Alan Turing.
In university students Northern Ireland will continue to participate in Erasmus, By compromising with the Irish government.
The UK will no longer have automatic access to key databases, But will be able to access it upon request.
Country will Is no longer a member of Europol, The European Union’s police body, but will have a presence at its headquarters. It would be a similar arrangement for the United States at present.
European Court of Justice
Britain will no longer be bound by decisions issued by the European Court of Justice, Prime Minister Boris Johnson said.
With information from BBC.com.
Published by https://www.entrepreneur.com/article/362361