UK To Open Brexit Door On January 31

On Wednesday evening, the British Parliament approved the Brexit agreement, and the country will be able to leave the EU at the end of January.

After the approval of the Brexit agreement in the lower and upper houses of parliament, which Prime Minister Boris Johnson reached with the EU last year, requires only the Queen’s signature, after which it becomes UK law.

It is expected that on Friday the agreement will be signed by the Presidents of the European Council and the European Commission from the EU side. Voting by agreement in the European Parliament is scheduled for next Wednesday, but this procedure is considered a simple formality.

Following the convincing victory of the Conservative Party led by Johnson in the December elections, Parliament approved the Brexit agreement without amendment. This statement paved the way for the completion of Britain’s 47-year EU membership on the evening of January 31.

The withdrawal agreement governs the payment of payments to the European Union, the rights of citizens after Brexit, as well as a mechanism which will avoid the establishment of a rigid border on the island of Ireland.

Now that almost all the conditions for Brexit divorce have been settled, attention is shifting to what the parties ’future relations will be. After January 31, the United Kingdom will maintain practical relations with the bloc until at least the end of 2020 and will continue negotiations on new agreements that will regulate their relations in the future.

source: wsj.com

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