The UK government and the other 27 EU member states approve the draft agreement. WTO rules: If countries do not have free trade agreements, they must act according to rules established by a global body called the World Trade Organization (WTO), which means that goods are taxed After the British House of Lords passed the European Union (Withdrawal Agreement) Act on January 22, the law obtained the Royal Approval of the Queen. The European Parliament approved the agreement on 29th January. The 2019 revisions also adapted elements of the political declaration and replaced the word “appropriate” with “appropriate” with respect to labour standards. According to Sam Lowe, a fellow at the Centre for European Reform, the amendment excludes labour standards from dispute settlement mechanisms. [27] In addition, the mechanism for a level playing field has been moved from the legally binding Withdrawal Agreement to the Political Declaration[24] and the line in the Political Declaration that “the UK will consider aligning itself with EU legislation in relevant areas” has been deleted. [26] The European Union and the United Kingdom have concluded a draft Withdrawal Agreement. After an unprecedented vote on 4 December 2018, MPs decided that the UK government was not respecting Parliament because it refused to give Parliament the full legal advice it had received on the impact of its proposed withdrawal conditions. [29] The central point of the opinion concerned the legal effect of the Backstop Agreement on Northern Ireland, the Republic of Ireland and the rest of the United Kingdom with regard to the customs border between the European Union and the United Kingdom and its impact on the Good Friday Agreement that led to the end of the unrest in Northern Ireland, and in particular on the security of the United Kingdom, to be able to leave the EU in practice, in accordance with the draft proposals.

Any existing European agreement that is not shaken up will end on 31 December and future trade will take place under WTO conditions until an agreement is reached. While free trade agreements aim to boost trade, too many cheap imports could threaten a country`s producers, which could have an impact on employment. The other 27 EU member states are ready to allow the UK to postpone its withdrawal (the UK was due to leave the EU on 29 March 2019). If the UK Parliament approves the withdrawal agreement by 29 March at the latest, Brexit will be postponed until 22 May in order to have time to pass the necessary laws. If the British Parliament has not approved the agreement by then, Brexit will be postponed until 12 April. Trade agreements also aim to remove quotas – restrictions on the amount of goods that can be traded. The new Political Declaration sets the framework for the future relationship between the European Union and the United Kingdom and reflects the government`s willingness to conclude an ambitious, broad, deep and flexible partnership on trade and economic cooperation with the EU, with a focus on a free trade agreement with the EU, in addition to security agreements and other areas of cooperation. The British Parliament passes a law obliging the British government to request a postponement of Brexit if there is no agreement with the EU before 19 October 2019. This is the third time that the British Parliament has rejected the agreement. The UK has, until 12 April 2019 to decide what to do next: after a counter-reaction to reports that Prime Minister Boris Johnson is considering throwing away important parts of the UK`s withdrawal agreement from the EU, this roundtable could be the last chance to reach an agreement. The transitional period shall end, as provided for in the Withdrawal Agreement.

The UK Parliament decides that a further extension of the Brexit date is necessary because it wants to first review the relevant legislation before the vote on the Withdrawal Agreement. The British government then asked the EU to postpone the Brexit date to 31 January 2020. .