Trade Agreement After Brexit

Trade agreements involving the UK as an EU member state are no longer valid in the event of a no-deal Brexit. 1) Source of trade statistics: ONS UK Total trade: all countries, not seasonally adjusted from April to June 2020. Despite British Prime Minister Boris Johnson`s insistence on a deal before October 15, no deal has been reached. Updated to reflect the Agreement in Principle of the Trade Continuity Agreement between the United Kingdom and Canada. The bill was published on September 9, 2020 with details. The transitional period started on 1 February 2020, in accordance with the Withdrawal Agreement. The transitional period should end on 31 December 2020, which, upon request, could have been extended by two years until 30 June 2020. [2] The UK Government has stated that it will not seek such an extension[3] and that it has not done so. . . .

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