Brexit deal explained: Historical agreement between UK and EU, know everything about Brexit deal – explained know everything about brexit deal between uk & european union from tariffs to visasOn December 26, 2020 by admin
After a long-running dispute between Britain and European Union countries, a consensus on Brexit trade deal has finally come to an end on Christmas Eve. After the Brexit deal, Britain will no longer be a part of Europe’s single market. The Prime Minister’s Office of Britain has confirmed the deal. British PM Boris Johnson called it a spectacular news saying that money, customs, laws, trade and fishing have been withdrawn from the maritime sector. Let’s know what is special in the new Brexit Deal ….
The most notable thing about the new Brexit deal is the tariff free and quota free access to one of the world’s largest markets. This is more than the EU has signed with Canada or Japan. The deal will bring relief to UK businessmen who were afraid of difficulties in cross-border trade and taxes on imports after the Corona virus epidemic.
Reliable trade programs between the UK and the European Union will be recognized. This would mean that UK manufacturers would have to follow British and EU standards. There is no limit (quota) on how many products can be traded across the border between the two sides.
After this deal, doctors, nurses, architects, dentists, pharmacists, animal doctors and engineers will no longer be automatically recognized in the European Union and the UK. These professionals will now have to seek recognition from the countries in which they are willing to work.
After the Brexit deal, the people of Britain will no longer be allowed to work, study, start or live in EU countries. Not only this, if the people of Britain live in European Union countries more than 90 days, then they will have to take a visa. However, it will be easier to work abroad in coordination with some social security benefits such as old age pension and health care.
Deal on Fishing
Britain will back off from a policy of shared fishing. Till now, fishermen from European countries used to catch 650 million pounds of fish in the British coast, while ships of Britain used to catch 85 million pounds of fish. The EU’s quota in the New Deal will be reduced by 25 percent in a phased manner over the next five and a half years. Britain had a serious dispute with France over fishing.
Explain that to implement this Brexit Deal, it must be passed in the Parliament of both Britain and the European Union. Keeping this in mind, voting will be held in the UK Parliament on 30 December. On 31 January this year Britain was officially separated from the European Union. Since then, both sides were in talks to set new rules of trade. Following the deal, Boris Johnson said the £ 668 billion deal would ‘save jobs across the country’ every year and ‘help UK goods to be sold in EU markets without any tax or quota’.
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