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Dec 02

Agreements Brexit

While free trade agreements are aimed at boosting trade, too many cheap imports could threaten a country`s producers, which could affect employment. The Southern African Customs Union and the countries of Mozambique`s trade bloc have been added to the list of signed agreements. When EU trade agreements are in force, the content of the UK and THE EU will apply to the rules of origin of EU trade agreements until 31 December 2020. The table “Signed Trade Agreements” containing the most recent statistics from the Office for National Statistics has changed the progress made in the agreements with Algeria, Bosnia and Herzegovina and Serbia. Updates the statistics for the UK`s overall trade with the countries we have signed up with the use of the latest statistics. Learn more about the trade agreements already signed by the UK and our discussions with the countries with which the EU has a trade agreement. Some EU rules on food and agriculture also apply to NI during the backstop period. Existing controls on animals and animal products moving from the UK to NI need to be strengthened. The political statement states that provisions to address health and plant protection barriers to trade barriers should be introduced “on the basis of WTO agreements and going beyond.” If the UK leaves the EU without these agreements being in force, trade with these countries will take place in accordance with WTO rules.

Trade deals, of which the UK is a member of the EU, will no longer be valid if there is a Brexit without a deal. The UK government is working on new deals that will replace EU trade deals after Brexit. Trade agreements also aim to remove quotas – limiting the amount of goods that can be traded. The UK is trying to replicate the effects of existing EU agreements at a time when they no longer apply to the UK. The UK will be able to enter into trade agreements with third countries; However, the customs union would significantly reduce the UK`s ability to have very different trade relations with them, particularly with regard to products. There would be more opportunities for the UK to offer different conditions for trade in services and sectors such as public procurement. Some new agreements will not be in force until the UK leaves the EU. Trade will then take place under the terms of the World Trade Organization (WTO). After 31 December 2020, EU trade agreements will no longer apply to the UK. Kenya has been added to the list of countries where trade agreements have been signed and the East African Community (EAC) has been removed from the list of countries where trade agreements are still under discussion.

The UK has left the EU. The withdrawal agreement sets out how the UK can continue to ignore trade agreements between the EU and third countries until 31 December 2020. The UK left the EU on 31 January 2020 at midnight (23:00 GMT). A transitional period is now in effect until 31 December 2020. During this period, all EU laws and regulations continue to apply in the UK. For businesses and the public, virtually nothing will change. This will give everyone more time to prepare for the new agreements that the EU and the UK intend to conclude after 31 December 2020.