Uks brexit transition plans released #
You're referring to the UK's Brexit transition plans!
On November 14, 2018, the UK government published its plans for the Brexit transition period, which is expected to last from March 29, 2019, to December 31, 2020. The transition period is designed to allow for a smooth exit from the EU and to give businesses and individuals time to adjust to the new arrangements.
Here are some key points from the UK's Brexit transition plans:
- Transition period duration: The transition period will last for 21 months, from March 29, 2019, to December 31, 2020.
- EU law application: During the transition period, EU law will continue to apply to the UK, including the free movement of goods, services, and people.
- Single Market and Customs Union: The UK will remain part of the Single Market and Customs Union during the transition period, allowing for the free movement of goods and services.
- EU institutions: The UK will continue to participate in EU institutions, including the European Parliament, the Council of the EU, and the European Court of Justice.
- UK-EU relations: The UK and EU will negotiate a new partnership agreement during the transition period, which will set out the terms of their future relationship.
- Brexit negotiations: The UK and EU will continue to negotiate the terms of their future relationship during the transition period, with the aim of reaching an agreement by the end of 2020.
- No-deal preparations: The UK government has also published plans for a no-deal Brexit, which would see the UK leave the EU without a transition period.
The transition plans aim to provide certainty and stability for businesses, individuals, and the economy during the Brexit process. However, the plans are subject to change and will depend on the outcome of the Brexit negotiations between the UK and EU.