The vote is not the final endorsement that will be needed to move the agreement into law—that is set to occur next month—however it symbolizes the top of years of political infighting over Brexit.
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Brexit is finally occurring. The UK is in this transition period till 31 December following its departure from the EU on 31 January. If no trade deal has been agreed and ratified by the end of the yr, then the UK faces the prospect of tariffs on exports to the EU. If a brand new arrangement can’t be labored out before the transition period ends, tariffs may come into impact and trade between Britain and Europe may very well be severely impacted.
As of right now, if the UK and EU do not reach some agreement by the tip of 2020, it may threaten critical severe economic disruption on the continent. The … Read the rest