The European Committee announced the end date of the transitional period of Britain and the EU

The transition period in EU-UK relations will end on December 31, 2020, the United Kingdom does not intend to ask for its extension, it follows from the statements of the parties circulated by the European Commission.

The European Committee announced the end date of the transitional period of Britain and the EU
On Monday, June 15, a videoconference was held to discuss negotiations on a future partnership between the EU and the UK. The meeting was attended by the Prime Minister of the United Kingdom Boris Johnson, the Presidents of the European Council Charles Michel, the European Commission Ursula von der Leyen and the European Parliament David Sassoli.

“The parties noted the decision of the United Kingdom not to request an extension of the transition period. Therefore, the transition period will end on December 31, 2020 in accordance with the provisions of the Separation Agreement (of the country from the union)», –  the release said.

Great Britain left the EU on January 31. Until the end of this year, the transitional period will last, during which the parties are trying to agree on a model for their future relations.

The UK left the EU on January 31, and a transitional period is underway – London and Brussels should agree on a format for future cooperation.

It is expected that this period will last until the end of this year, after which the United Kingdom will begin to function as a state that does not have a binding relationship with Brussels. The transitional period retains all EU rules and regulations for the UK. In particular, the country can maintain trade relations with partners, but is not able to influence the key decisions that the EU makes.
Earlier, Sputnik radio reported that the Russian Foreign Ministry appreciated the possibility of a “reset” with Britain after Brexit.

Comments:

Loading ...