{"id":66585,"date":"2020-12-31T07:40:07","date_gmt":"2020-12-31T15:40:07","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=66585"},"modified":"2020-12-31T07:14:01","modified_gmt":"2020-12-31T15:14:01","slug":"new-year-brings-final-uk-eu-brexit-split","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/new-year-brings-final-uk-eu-brexit-split\/","title":{"rendered":"‘New Year brings final UK-EU Brexit split’"},"content":{"rendered":"

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COGwriter<\/a><\/p>\n

The Associated Press<\/em> reported the following:<\/p>\n

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New Year brings final UK-EU Brexit split<\/h2>\n

December 31, 2020<\/p><\/blockquote>\n

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LONDON (AP) \u2014 Like a separated couple still living together, Britain and the European Union spent 2020 wrangling and wondering whether they can still be friends.<\/p>\n

On Thursday, the U.K. is finally moving out. At 11 p.m. London time \u2014 midnight in Brussels \u2014 Britain will economically and practically leave the the 27-nation bloc, 11 months after its formal political departure. …<\/p>\n

British Prime Minister Boris Johnson \u2014 for whom Thursday represents the fulfilment of his promise to \u201cGet Brexit Done\u201d \u2014 said the day \u201cmarks a new beginning in our country\u2019s history and a new relationship with the EU as their biggest ally.\u201d<\/p>\n

\u201cThis moment is finally upon us and now is the time to seize it,\u201d he said after Britain\u2019s Parliament approved a U.K.-EU trade deal overnight, the final formal hurdle on the U.K. side before departure. …<\/p>\n

A free trade agreement sealed on Christmas Eve after months of tense negotiations will ensure Britain and the 27-nation EU can continue to trade in goods without tariffs or quotas. That should help protect the 660 billion pounds ($894 billion) in annual trade between the two sides, and the hundreds of thousands of jobs that rely on it.<\/p>\n

But firms face sheaves of new paperwork and expenses. Traders are struggling to digest the new rules imposed by a 1,200-page deal that was agreed just a week before the changes take place.<\/p>\n

The English Channel port of Dover and the Eurotunnel passenger and freight route are bracing for delays, though the pandemic and the holiday weekend mean there will be less cross-Channel traffic than usual. https:\/\/apnews.com\/article\/brexit-relationships-europe-global-trade-coronavirus-pandemic-a5cc4350206b5c0273b41aef4d7b7381<\/a><\/p>\n<\/blockquote>\n

CNN<\/em> reported the following:<\/p>\n

British lawmakers voted to back the United Kingdom’s post-Brexit trade deal<\/a> with the European Union on Wednesday, on the eve of the December 31 deadline marking the end of the transition period.<\/p>\n

The bill passed comfortably, 521 to 73, following accelerated sittings in both Houses of Parliament. The deal, finalized last week, marks a significant milestone more than four years after the UK voted to leave the EU and after months of fraught negotiations. … The bill gained approval in the House of Lords late Wednesday, and was given royal assent early Thursday, becoming law hours before the Brexit transition period ended — a situation that could have been disastrous in the event of no deal — at 11 p.m. on December 31. …<\/p>\n

The agreement has already received provisional approval from the European Union, with both European Commission President Ursula von der Leyen and European Council President Charles Michel formally signing off on the deal on Wednesday.<\/p>\n

“It has been a long road. It’s time now to put Brexit behind us,” von der Leyen said on Twitter<\/a>, announcing the move. “Our future is made in Europe.”<\/p>\n

The European Parliament is expected to examine the deal at a later date before it can be formally ratified by the European Union.<\/p>\n

The deal agreed with Brussels sets out a new business and security relationship with the UK’s biggest trading partner after months of deadlock over areas such as fishing quotas, how the UK would use state aid to support British businesses post-Brexit, and legal oversight of any deal struck. The agreement, which preserves Britain’s tariff- and quota-free access to the bloc’s consumers, spares the UK some of the most dire potential consequences from Brexit as it battles a crippling pandemic. https:\/\/www.cnn.com\/2020\/12\/30\/europe\/uk-votes-brexit-deal-eu-intl\/index.html<\/a><\/div>\n<\/blockquote>\n

Three points.<\/p>\n

1) The deal is complicated, and will result in trade and other friction between the UK and Europe in the future. Not all matters have truly been resolved by the agreement. That makes the reality that aspects will be unworkable.<\/p>\n

2) Notice what European Commission President Ursula von der Leyen tweeted:<\/p>\n

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Today, @eucopresident<\/a> and I signed the EU-UK Trade and Cooperation Agreement.<\/p>\n

Prime Minister @BorisJohnson<\/a> will sign it later today in London.<\/p>\n

It has been a long road. It\u2019s time now to put Brexit behind us.<\/p>\n

Our future is made in Europe. pic.twitter.com\/fjybWryJNY<\/a><\/p>\n

\u2014 Ursula von der Leyen (@vonderleyen) December 30, 2020<\/a><\/p><\/blockquote>\n