Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

EU nations start assessing post-Brexit trade deal with UK

European Union ambassadors are convening on Christmas Day to start assessing the massive free-trade deal the EU struck with Britain that should kick off next next week when the acrimonious Brexit divorce process comes to an end

Via AP news wire
Friday 25 December 2020 09:10 GMT
Belgium EU Brexit
Belgium EU Brexit

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

European Union ambassadors were convening on Christmas Day to start assessing the massive free-trade deal the bloc struck with Britain that should kick off next next week when the acrimonious Brexit divorce process finally comes to an end.

After the deal was announced on Thursday, EU nations already showed support for the outcome and it was expected that they would unanimously back the agreement, a prerequisite for its legal approval.

Speedily approving the deal is essential, since a transition period during which Britain continued to trade by EU rules despite its Jan. 31 departure from the bloc runs out on New Year's Day. Without a trade deal it would have acerbated chaos at the border where checks on goods will have to be increased since Britain is fully out of the 27-nation bloc.

The U.K. parliament is expected to approve the deal in the coming days, but the agreement will have to be applied provisionally, since the EU's legislature can only give its consent next month at the earliest. There, too, approval is expected.

The strong show of unity is testament to EU chief negotiator Michel Barnier, who has worked relentlessly to keep all EU nations and the groups within the EU parliament in the loop of developments throughout the torturous negotiations.

It took more than three years of wrangling before Britain left the bloc’s political structures last January. Disentangling the two sides’ economies and reconciling Britain’s desire for independence with the EU’s aim of preserving its unity took months longer.

Both sides now claim the 2,000-page agreement protects their cherished goals. Britain said it gives the U.K. control over its money, borders, laws and fishing grounds. The EU says it protects the EU’s single market and contains safeguards to ensure that Britain does not unfairly undercut the bloc’s standards.

___

Follow all AP stories on the Brexit trade talks at https://apnews.com/Brexit

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in