As the UK leaves the European Union, it has become increasingly important to understand the details of the Brexit withdrawal agreement. This agreement outlines the terms of the UK`s departure from the EU and includes key provisions regarding trade, the Irish border, and the rights of EU citizens living in the UK.
One of the most significant aspects of the withdrawal agreement is the establishment of a transition period that will last until December 2020. During this time, the UK will continue to follow EU rules and regulations, and negotiations will continue regarding the future relationship between the two entities.
In terms of trade, the agreement establishes a framework for the UK and EU to negotiate a future trade deal. The UK will have full autonomy to negotiate and sign new trade deals with other countries during the transition period, but these deals cannot be implemented until after the transition period ends.
The agreement also addresses the thorny issue of the Irish border by establishing a backstop arrangement. This ensures that there will be no hard border between Northern Ireland and the Republic of Ireland, regardless of the outcome of the future trade negotiations.
Finally, the agreement includes important provisions regarding EU citizens living in the UK and UK citizens living in the EU. EU citizens living in the UK will be able to apply for settled status, which will allow them to continue living and working in the UK after Brexit. UK citizens living in the EU will similarly be able to continue living and working in the EU under certain conditions.
Overall, the Brexit withdrawal agreement is a complex and detailed document that outlines the terms of the UK`s departure from the EU. While there is still much uncertainty regarding the future relationship between the UK and the EU, this agreement provides important guidance and establishes a framework for future negotiations. As the UK navigates this challenging period, it will be important to pay close attention to the details of the withdrawal agreement and how they will affect the country`s future.