Wednesday, December 30, 2020
British lawmakers approved a Post-Brexit Trade Deal with the EU.— Britain’s House of Commons voted resoundingly on Wednesday to approve a trade deal with the European Union, paving the way for an orderly break with the bloc that will finally complete the U.K.’s long and divisive Brexit journey.
British lawmakers approve a post-Brexit trade deal with the EU.-----------------------------------------------------
British lawmakers approved a Post-Brexit Trade Deal with the EU.— Britain’s House of Commons voted resoundingly on Wednesday to approve a trade deal with the European Union, paving the way for an orderly break with the bloc that will finally complete the U.K.’s long and divisive Brexit journey.
(1 of 12) A pro EU protestor stands in parliament square in front of Parliament during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020.The European Union's top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement.
(2 of 12) Britain's Prime Minister Boris Johnson returns to 10 Downing Street as started the debate in Parliament, on his trade deal with the European Union (EU), in London, Wednesday, Dec. 30, 2020. The European Union’s top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement.
(3 of 12) European Commission President Ursula von der Leyen, left, and European Council President Charles Michel show signed EU-UK Trade and Cooperation Agreement at the European Council headquarters in Brussels, Wednesday, Dec. 30, 2020. European Union's top officials have formally signed the post-Brexit trade deal sealed with the United Kingdom. European Commission president Ursula von der Leyen and European Council president Charles Michel put pen to paper on Wednesday morning during a brief ceremony in Brussels (Johanna Geron, Pool Photo via AP)
(4 of 12) European Commission President Ursula von der Leyen signs the EU-UK Trade and Cooperation Agreement at the European Council headquarters in Brussels, Wednesday, Dec. 30, 2020. European Union's top officials have formally signed the post-Brexit trade deal sealed with the United Kingdom. European Commission president Ursula von der Leyen and European Council president Charles Michel put pen to paper on Wednesday morning during a brief ceremony in Brussels (Johanna Geron, Pool Photo via AP)
(5 of 12) European Council President Charles Michel signs the EU-UK Trade and Cooperation Agreement at the European Council headquarters in Brussels, Wednesday, Dec. 30, 2020. European Union's top officials have formally signed the post-Brexit trade deal sealed with the United Kingdom. European Commission president Ursula von der Leyen and European Council president Charles Michel put pen to paper on Wednesday morning during a brief ceremony in Brussels (Johanna Geron, Pool Photo via AP)
(6 of 12) European Commission President Ursula von der Leyen, left, and European Council President Charles Michel bump elbows after signing the EU-UK Trade and Cooperation Agreement at the European Council headquarters in Brussels, Wednesday, Dec. 30, 2020. European Union's top officials have formally signed the post-Brexit trade deal sealed with the United Kingdom. European Commission president Ursula von der Leyen and European Council president Charles Michel put pen to paper on Wednesday morning during a brief ceremony in Brussels (Johanna Geron, Pool Photo via AP)
(7 of 12) In this photo provided by UK Parliament, Britain's Prime Minister Boris Johnson speaks during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020. The European Union’s top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement. (Jessica Taylor/UK Parliament via AP)
(8 of 12) In this screengrab provided by the House of Commons, Britain's Prime Minister Boris Johnson looks on during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020. The European Union’s top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement. (House of Commons via AP)
(9 of 12) In this screengrab provided by the House of Commons, Britain's Former prime minister Theresa May speaks during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020. The European Union’s top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement. (House of Commons via AP)
(10 of 12) A man walks past a souvenir shop opposite the Houses of Parliament during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020. The European Union's top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement.
(11 of 12) In this photo provided by UK Parliament, Britain's Labour Party leader Keir Starmer speaks during the debate in the House of Commons on the EU (Future Relationship) Bill in London, Wednesday, Dec. 30, 2020. The European Union’s top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement. (Jessica Taylor/UK Parliament via AP)
(12 of 12) Britan's Prime Minister Boris Johnson arrives at 10 Downing Street in London, Wednesday, Dec. 30, 2020. The European Union's top officials have formally signed the post-Brexit trade deal with the United Kingdom, as lawmakers in London get set to vote on the agreement. European Commission president Ursula von der Leyen and European Council president Charles Michel put pen to paper on Wednesday morning during a brief signature ceremony in Brussels.
December 30, 2020
With just a day to spare, lawmakers voted 521-73 in favor of the agreement sealed between the U.K. government and the EU last week. Brexit enthusiasts in Parliament praised it as a reclamation of independence from the bloc. Pro-Europeans lamented its failure to preserve seamless trade with Britain's biggest economic partner. But the vast majority in the divided Commons agreed that it was better than the alternative of a chaotic rupture with the EU.
The deal will become British law once is passes through the unelected House of Lords later in the day and gets formal royal assent from Queen Elizabeth II. 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 Thursday.
European Commission President Ursula von der Leyen and European Council President Charles Michel signed the hard-won agreement during a brief ceremony in Brussels on Wednesday morning. “The agreement that we signed today is the result of months of intense negotiations in which the European Union has displayed an unprecedented level of unity,” Michel said. “It is a fair and balanced agreement that fully protects the fundamental interests of the European Union and creates stability and predictability for citizens and companies.”
The documents were then flown by Royal Air Force plane to London, where Prime Minister Boris Johnson added his signature. The European Parliament also must sign off on the agreement, but is not expected to do so for several weeks.
Johnson told legislators that the deal heralded “a new relationship between Britain and the EU as sovereign equals.” It has been 4 1/2 years since Britain voted 52% to 48% to leave the bloc it had joined in 1973. Brexit started on Jan. 31 of this year, but the real repercussions of that decision have yet to be felt, since the U.K.’s economic relationship with the EU remained unchanged during the 11-month transition period that ends Dec. 31.
Big changes are coming on New Year’s Day. The agreement, hammered out after more than nine months of tense negotiations and sealed on Christmas Eve, 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.
But the end to Britain’s membership in the EU’s vast single market and customs union will still bring inconvenience and new expense for both individuals and businesses — from the need for tourists to have travel insurance to the millions of new customs declarations that firms will have to fill out.
Brexit supporters, including Johnson, say any short-term pain will be worth it. Johnson said the Brexit deal would turn Britain from “a half-hearted, sometimes obstructive member of the EU” into “a friendly neighbor — the best friend and ally the EU could have.”
He said Britain would now “trade and cooperate with our European neighbors on the closest terms of friendship and goodwill, whilst retaining sovereign control of our laws and our national destiny.” Some lawmakers grumbled about being given only five hours in Parliament to scrutinize a 1,200-page deal that will mean profound changes for Britain’s economy and society. But support among legislators —- most of whom debated and voted from home because of virus restrictions — was overwhelming, if not always enthusiastic.
The powerful euroskeptic wing of Johnson's Conservative Party, which fought for years for the seemingly longshot goal of taking Britain out of the EU, gave its backing to the deal. The strongly pro-EU Scottish National Party and Liberal Democrats and Northern Ireland's Democratic Unionist Party voted against. But the main opposition Labour Party, which had sought a closer relationship with the bloc, said it would vote for the agreement because even a thin deal was better than a chaotic no-deal rupture.
“We have only one day before the end of the transition period, and it’s the only deal that we have," said Labour leader Keir Starmer. "It’s a basis to build on in the years to come.” Former Conservative Prime Minister Theresa May, who resigned in 2019 after three years of Brexit acrimony in Parliament, said she would vote for Johnson's agreement. But she said it was worse than the one she had negotiated with the bloc, which lawmakers repeatedly rejected.
She noted that the deal protected trade in goods but did not cover services, which account for 80% of Britain's economy. “We have a deal in trade, which benefits the EU, but not a deal in services, which would have benefited the U.K.," May said.
Petrequin reported from Brussels.
Follow all AP stories on the Brexit trade talks at https://apnews.com/Brexit
Subjects
General news, Business, Government and politics, Brexit referendum People
Theresa May, Boris Johnson, Ursula Von Der Leyen, Queen Elizabeth II Locations
Europe, London, England, United Kingdom Organisations
European Commission, European Union, United Kingdom government
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“There will be no border down the Irish Sea — over my dead body," he said on a visit to Northern Ireland, where he met the new Irish prime minister, Micheal Martin. Following the U.K.'s departure from the EU at the end of January, the country is in a transition period with the bloc during which it remains part of its economic arrangements, including the tariff-free single market and customs union.
Though discussions about the future economic relationship are still taking place, Northern Ireland has a special status in the talks — deal or no deal. Under the Northern Ireland protocol, negotiated as part of last year's Brexit deal, the region will follow some of the EU’s rules to allow freedom of movement of goods and services across the border with Ireland, which remains part of the EU.
Business leaders in Northern Ireland have expressed concerns that the rules and regulations associated with that requirement will make trading with the rest of the U.K. more expensive, even prohibitive.
The next round of talks about the future relationship are set to commence in Brussels on Aug. 18. Johnson's main negotiator, David Frost, said in a tweet that the U.K. side will go into those talks “in good faith to talk constructively about all the issues," and that an agreement can be reached in September.
Johnson's Irish counterpart, Martin, said both the EU and the U.K. want to avoid another economic shock following the coronavirus pandemic. “I think where there’s a will, there’s a way,” he said. “It seems to me that there is a landing zone if that will be there on both sides and I think it is, on the European Union side and on the British side to find that landing zone."
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State with its different Currency, No North Ireland & Ireland Republic Border and Queen off Table transaction which are not covered by industrial/data Production and factual economic index,as obtainable from Germany,but France is not a complete EU,like UK has so many off Table exploitative Trade/Transactions not covered by Production or direct Trade.there is no Need for BREXIT,as UK usually function as an EU State without BREXIT strict Regulation/Border.
why the UK officially seeking for BREXIT with its Cost and now leaving shall cost the UK, 2 Billion Pounds and establishing BREXIT,shall cause the UK a Doom.
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