Boris Johnson
British Prime Minister Boris Johnson signed an agreement with the European Union on trade after Brexit – the country's withdrawal from the bloc, Reuters reported.
Prior to this, the document was supported by the British Parliament. 521 legislators voted for him, 73 against. The negotiations lasted more than four years, and the deal concerns an annual trade turnover of more than a trillion dollars.
“Brexit is not the end, but the beginning of something new. Now we have the responsibility to make the best of the power and the tools that we got our hands on again, ”Johnson said. He expressed confidence that cooperation with the European Union would be in common interests.
Earlier it became known that the UK and the European Union reached an agreement on the terms of Brexit after months of negotiations. One of the main documents in the framework of the general agreement was the trade agreement, which provides for the mutual absence of duties and quotas.
The UK officially left the European Union on 1 February. The parties agreed on a transitional period until the end of the year, during which most of the EU laws continued to operate in the United Kingdom. If London and Brussels did not have time to conclude a new trade agreement by the end of December, the UK would cease to be part of the common European market, which in turn would lead to the introduction of customs borders between the country and the EU.
