Details of Brexit Agreement

The Brexit agreement has been a topic of much discussion since the UK voted to leave the European Union in 2016. After months of intense negotiations, an agreement was finally reached between the two sides in December 2020.

The agreement covers a wide range of issues, including trade, customs, and the movement of goods and people between the UK and the EU. Here are some of the key details of the Brexit agreement:

Trade: The agreement establishes a free trade agreement between the UK and the EU, which will allow for tariff-free trade in goods. This means that UK businesses will be able to export their goods to the EU without facing additional tariffs, and vice versa.

Customs: The agreement also sets out a framework for customs cooperation between the UK and the EU. This will help to ensure that goods can flow smoothly across the border without being subject to unnecessary checks and delays.

Movement of goods: The agreement includes provisions for the movement of goods between the UK and the EU. This will ensure that goods can be transported across the border without facing undue restrictions or delays.

Services: The agreement also covers services, including financial services, which are a crucial part of the UK economy. Under the agreement, UK businesses will be able to provide services to customers in the EU, while EU businesses will be able to provide services to customers in the UK.

People: The agreement includes provisions for the movement of people between the UK and the EU. This includes provisions for UK citizens living and working in the EU, and vice versa.

Fisheries: One of the most contentious issues in the negotiations was fishing rights. The agreement sets out a framework for EU fishing fleets to continue to operate in UK waters, while also allowing the UK to control its own waters.

Dispute resolution: The agreement includes a dispute resolution mechanism to ensure that any disagreements between the UK and the EU can be resolved in a timely and effective manner.

Overall, the Brexit agreement represents a significant milestone in the UK`s relationship with the EU. While there are still many details to be worked out, the agreement provides a solid foundation for future cooperation between the two sides.