It has been a long and winding road, but the United Kingdom and the European Union have finally reached an agreement on Brexit as of November 2020. This agreement, which has been years in the making, sets out the terms of the UK`s departure from the EU and outlines the future relationship between the two parties.
There are a number of key points to note about the Brexit agreement reached in November 2020. First and foremost, the agreement covers a wide range of issues, from trade and customs to security and law enforcement. It also includes provisions for measures to protect the rights of citizens on both sides of the English Channel.
One of the most important aspects of the Brexit agreement is the trade relationship between the UK and the EU. The agreement outlines a new free trade agreement, which will govern the movement of goods between the UK and the EU. This agreement is designed to reduce barriers to trade and help ensure that companies on both sides of the channel can continue to do business with one another.
Another key aspect of the agreement is the establishment of a level playing field for businesses. This means that both the UK and the EU will be required to maintain high environmental, social, and labor standards. This is designed to prevent businesses from gaining an unfair advantage by cutting corners on issues like environmental protection or workers` rights.
Finally, the Brexit agreement also sets out provisions for cooperation on security and law enforcement. This includes measures to ensure that criminals can be extradited between the UK and the EU, as well as cooperation on issues like counter-terrorism and cybersecurity.
Overall, the agreement on Brexit reached in November 2020 is an important milestone in the UK`s departure from the EU. While there are still many details to be worked out, this agreement provides a framework for the future relationship between the UK and the EU and is a positive step towards a stable and prosperous future for both parties.