Britain has left the EU’s internal market and customs union, finalizing its exit agreement: Brexit.
The transition period that followed the signing of the Brexit agreement on January 31, under which Britain formally broke away from the union, ended on Thursday.
As of today, the United Kingdom ceases to apply EU rules.
British Prime Minister Boris Johnson said that the UK after Brexit will be open, generous, and open to the outside.
Johnson had said that his country’s fate was now in the hands of the British after the British parliament ratified the agreement reached with the EU. however, French President Emmanuel Macron said, in his New Year address to the French on Thursday that the UK remains “our friend and ally” despite its exit from the Union. “This Brexit was the fruit of European fidgeting and many lies and false promises,” he said. Stressing in relation to France that “our destiny is European first”.
“The UK has again become a fully independent country,” David Frost. Britain’s chief negotiator during trade talks with Brussels wrote on Twitter.
moreover, His European counterpart Michel Barnier acknowledged on RTL radio. Saying: “no one could ever show me the added value of Brexit”.
On Twitter, Scottish prime minister Nicola Sturgeon, determined to hold another independence referendum, wrote: “Scotland will be back soon, Europe.”
The Daily Express on Friday titled “Our Future, Our United Kingdom, our destiny”. While the Guardian wrote, “amid the crisis, noiselessly the UK is finally ending the European era”.
Agreement for free exchange
By reaching a free-trade agreement, Brussels and London avoided the shock consequences that would have happened if it had not. With trade barriers that would have cost the parties dearly in the economy affected mainly by the covid – 19 pandemic.
This agreement concluded after months of fierce negotiations. The EU will provide Britain with duty-free and quota-free access to its market of 450 million consumers. But reserves the right to impose sanctions and compensation if the rules on state aid, the environment, the right to work, and taxes are not respected to avoid any market dumping.
But the end of the transition carries a major change, as customs checks at the border will weigh on trade. While the freedom of movement of British and EU citizens between the territories of both parties will cease.
In Scotland, which voted 62% against leaving the EU in 2016, opinion polls show that a majority of the population now supports independence. Which was rejected in 2015 in a first referendum.