Brexit: the UK enters the “new chapter” outside the European Union when the transition period ends

The end of the transition period, four and a half years after the majority of the UK voted to leave the European Union, is a significant moment in the country’s history. After nearly five decades as part of the bloc, the UK will now forge a different path.

The Prime Minister of the United Kingdom, Boris Johnson, said on Thursday that Britain will be a country “open, generous, with a foreign, internationalist and free trade vision” that is “free to do things differently and, if necessary, better ”than the EU.

“We have our freedom in our hands and it’s up to us to make the most of it,” Johnson said during the New Year’s speech, just hours before the end of the transition period.

On Wednesday, opening the debate on the bill, Johnson told members of Parliament that the deal “would open a new chapter” and allow the UK to take “control of our laws and our national destiny”.

“This bill embodies our vision – shared with our European neighbors – of a new relationship between Britain and the EU as equal sovereigns, joined by friendship, trade, history, interests and values, while respecting freedom of action and recognizing that we have nothing to fear if we sometimes decide to do things differently, ”Johnson said.
An image shows the signing of British Prime Minister Boris Johnson in the UK-EU trade and cooperation agreement at 10 Downing Street in London on 30 December.

But critics warn that the UK economy will suffer as a result of Brexit, as many companies are unprepared for future changes, especially when the nation will falter under the impact of the coronavirus pandemic.

Now that the UK has abandoned the single market and the customs union, goods crossing the border will be subject to customs and other controls. Delays and interruptions can occur as carriers discover that they do not have the correct documentation or that new software systems collapse under pressure.

Keir Starmer, leader of the main opposition Labor party, warned last week that “there are serious questions about the government’s readiness for new arrangements” after negotiations stalled.

He told Labor lawmakers to support the bill instead of risking the “devastating” consequences of the UK’s fall outside the EU without any trade deal. But Starmer said the “thin deal” reached by the Johnson administration “does not provide adequate protection for British manufacturing, our financial services, the creative industries or workplace rights.”

The EU-UK trade agreement did not cover Gibraltar, the British overseas territory at the southern tip of the Iberian Peninsula.

Just hours before the transition deadline expired on Thursday, Spain and the United Kingdom announced that a draft agreement had been reached on their post-Brexit status.

“It’s time to leave Brexit behind”

The trade agreement between the United Kingdom and the EU has already received provisional approval from the European Union, as on Tuesday the President of the European Commission, Ursula von der Leyen, and the President of the European Council, Charles Michel, signed formally the agreement.
“It’s been a long road. Now it’s time to leave Brexit behind,” von der Leyen said he said on Twitter, announcing the move. “Our future is in Europe.”

The European Parliament is expected to examine the agreement later before it can be formally ratified by the European Union.

The agreement with Brussels establishes a new trade and security relationship with the UK’s largest trading partner. It was finally nailed down after months of blockades in areas such as fishing quotas, as the UK would use state aid to support British companies after Brexit and legal oversight of any deal.

The deal, which preserves Britain’s free access to tariffs and quotas to block consumers, saves the UK from some of the most dire potential consequences of Brexit in fighting a crippling pandemic.

But while it may have averted a crippling blow to the British economy, the Trade Agreement will still leave the country poorer at a time when it is facing an employment crisis and the worst recession of more than 300 years.

The agreement also appears to cover most of the trade in goods, where the UK has a deficit with its EU neighbors, but excludes major service industries such as finance, where it currently enjoys a surplus.

Silenced celebrations

Some British newspaper covers sounded a triumphant note on Thursday despite the potentially rocky road ahead.

“Britain is finally free of the EU,” the Daily Express said, while the Times of London declared “It is a farewell to all this when the Brexit trade agreement was signed.”

Brexit is finally done.  It will leave the UK poorer
The Daily Mail hailed “two giant leaps towards freedom” in a headline referring to both the signing of the Brexit trade agreement law and the approval of British regulators of the Oxford coronavirus vaccine / AstraZeneca a day before.

But rising rates of coronavirus infections may give hope to any Brexit supporter to celebrate the end of the transition period on British streets.

More than three-quarters of England’s population are now under the country’s toughest restrictions, with the aim of limiting the spread of a new, more contagious coronavirus variant.

News of this variant caused France, along with other European nations elsewhere, to have trips from the United Kingdom. When thousands of trucks were stranded in the British port of Dover in the run-up to Christmas, some observers feared it also foreshadowed the potential chaos of a Brexit without an agreement.

Meanwhile, it remains to be seen the full impact of Brexit on British residents in the EU, as well as on EU citizens living in Britain. The 3 Million, a grassroots organization of EU citizens in the UK, has raised concerns about those not realizing they should apply to the EU agreement plan by the end of June to protect their rights in the UK.

A man wearing an EU-flag-themed beret wearing an EU flag is seen in Whitehall in central London on 11 December 2020.

Gibraltar Agreement

The agreement reached in principle between London and Madrid will avoid a hard border between Gibraltar and Spain, Spanish Foreign Minister Arancha González Laya said on Thursday.

It was something many local residents, on both sides of the border, had feared when the transition period ended, he said.

González Laya said a provisional period of six months was expected until a new treaty was finalized. Unlike the rest of the UK, Gibraltar will continue to be part of EU agreements, such as the Schengen area, which will allow a free flow of people and goods across members ’borders.

“Spain will be ultimately responsible for the implementation of Schengen in Gibraltar,” González Laya said.

UK Secretary of State Dominic Raab said the UK had a “warm and strong relationship with Spain”.

“Today, working side by side with the Prime Minister of Gibraltar, and after intense discussions with the Spanish government, we have reached an agreement on a political framework to form the basis of a separate treaty between the United Kingdom and the “We will now send it to the European Commission to start negotiations on the formal treaty,” he said.

“In the meantime, all parties are committed to mitigating the effects of the end of the transition period on Gibraltar and, in particular, ensuring border fluidity, which is clearly in the best interests of people living on both sides.”

CNN’s Vasco Cotovio, Ivana Kottasová and Niamh Kennedy contributed to this report.

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