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12/26/20

European Union, U.K. unveil post-Brexit trade deal set to take effect on Jan. 1

EU ambassadors and lawmakers on both sides of the English Channel will now pore over the "EU-UK Trade and Cooperation Agreement," which contains 1,246 pages of text. EU envoys are expected to meet on Monday to discuss the document, drawn up over nine intense months of talks.

Most importantly, the deal as it stands ensures that Britain can continue to trade in goods with the world's biggest trading bloc without tariffs or quotas after the U.K. breaks fully free of the EU. It ceased to be an official member on Jan. 31 this year and is days away from the end of an exit transition period.

Read more at: European Union, U.K. unveil post-Brexit trade deal set to take effect on Jan. 1 | CBC News

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