UNITED STATES (OBSERVATORY NEWS) — The Council of the European Union (EU) on behalf of all union members approved a Brexit deal that would end UK membership in the EU after nearly half a century.
In a written statement from the EU Council, it is recalled that the European Parliament (EP) approved the agreement last night and that the final step in the process has been taken.
The partition agreement will come into force after Britain leaves the EU tomorrow (January 31st), the statement said, stressing that “Tomorrow after midnight Britain will no longer be an EU member and will be considered a member state. third “.
While pointing out that the separation agreement will ensure Britain’s “regular departure” from the union, the statement shared information that also includes topics such as citizenship rights, financial agreement, transition process, Ireland’s and Ireland’s protocols. North, the governance of Cyprus, Gibraltar and other issues of division.
Britain will not be represented in the union institutions
After the separation agreement enters into force, the transition process will begin and this process will facilitate the process of adaptation of citizens and businesses. Britain will continue to be subject to EU law during the transition process but will not be represented in the union institutions, the statement further said.
It also draws attention to the fact that if the parties agree, the transition process can only be postponed once or twice a year, and that talks on a future EU-Britain partnership will begin after Britain leaves.
The Brexit process
Under the Brexit agreement signed between Britain and the EU, the country will remain a true member of the union but will not be included in the political decision-making mechanism.
During the transition period, the parties will hold talks to reach a comprehensive free trade agreement.
Should Britain request an extension of the transition period, it should make a request no later than June. But British Prime Minister Boris Johnson has stated that his government will not seek an extension and that the country will leave the EU entirely on January 31 with or without an agreement.
In a referendum held in 2016 on leaving the EU, Britain ruled on Brexit with 52 percent “for” and 48 percent “against”.
The Brexit deal was approved by 621 “yes” and 49 “against” votes at the EP EP General Assembly in Brussels last night.
This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.
OBSERVATORY — Breaking news source, real-time coverage of the world’s events, life, politics, money, business, finance, economy, markets, war and conflict zones.
Contact us: [email protected]
Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.
We are OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.