Category: Brexit

EU Leaders Formally Sign Post-Brexit Trade Agreement

Top European Union officials on Wednesday formally signed the EU-UK agreement on post-Brexit trade relations, which will come into effect after the Brexit transition period ends on Dec. 31. The 1,240-page agreement, reached on Christmas Eve, was signed by European Commission President Ursula von der Leyen and Charles Michel, president of the European Council, an…


EU Member States Approve Brexit Trade Deal

The 27 member states of the European Union have approved the agreement with the UK on post-Brexit trade relations, German Foreign Minister Heiko Maas said on Tuesday. If the British Parliament, as is expected, passes the deal on Wednesday, it will come into effect on Jan. 1, when the UK exits the EU’s single market…


UK Signs Continuity Trade Deal With Turkey

The UK and Turkey signed a free trade agreement on Tuesday to continue existing trade arrangements between the two countries after Britain exits the European Union’s single market and customs union on Dec. 31. Turkey is not part of the EU but has a customs union agreement with the 27-nation bloc. The UK-Turkey Free Trade…


Brexit Deal ‘New Starting Point’ of UK-EU Relations, Boris Johnson Says

Britain’s agreement with the European Union on post-Brexit trade and cooperation is a “new starting point” for the UK-EU relationship, British Prime Minister Boris Johnson said on Monday. Johnson made the comment after speaking on the phone earlier Monday with Charles Michel, president of the European Council, an EU body that comprises the heads of…


Brexit Deal ‘New Starting Point’ of UK-EU Relations, Johnson Says

Britain’s agreement with the European Union on post-Brexit trade and cooperation is a “new starting point” for the UK-EU relationship, British Prime Minister Boris Johnson said on Monday. Johnson made the comment after speaking on the phone earlier Monday with Charles Michel, president of the European Council, an EU body that comprises the heads of…


Brexit: With 4 Days Left Britain Urges Businesses to Prepare for Transition End

The UK government on Monday urged businesses to prepare for Brexit, just four days before the transition period designed to smooth the UK’s departure from the European Union comes to an end at 11 p.m. on Dec. 31. Britain has stayed aligned to the EU’s trading and regulatory rules during the transition period, which has…


Scottish MPs Urged to Back Brexit Deal as SNP Vows to Reject it

The UK’s Secretary of State for Scotland Alister Jack on Sunday urged Scottish MPs to vote for the UK-EU trade deal reached on Christmas Eve. Jack’s statement came as Scotland’s ruling Scottish Nation Party (SNP) confirmed that its MPs will reject the deal and doubled down on calling for Scottish independence from the UK and…


EU Trade Deal Brings Little Progress for UK’s Giant Financial Sector

LONDON—The European Union cannot decide yet on granting Britain access to the bloc’s financial market, even though London and Brussels have agreed a trade deal, a European Commission official said on Thursday. While the landmark trade deal agreed on Thursday set rules for industries such as fishing and agriculture, it did not cover Britain’s much…


UK, EU Publish Agreement on Post-Brexit Trade Relations

The UK and the European Union on Saturday published the agreement they reached on Christmas Eve on their post-Brexit trade relations, which is expected to come into effect on Jan. 1 after the end of the Brexit transition period. David Frost, Britain’s chief Brexit negotiator, announced the publication of the EU-UK Trade and Cooperation Agreement…


EU Nations Start Assessing Post-Brexit Trade Deal With UK

BRUSSELS—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 week when the Brexit 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…