02-02-2020, 07:05 AM
Okay I am going to keep this very simple, and comeback later with a bit more detail.
To put it in one a couple of words NOT MUCH!
The UK carries on staying in the customs union and single market, trade under the same rules. Meaning freedom of movement for people carries on and free movement of goods.
BUT! We are under EU laws and jurisdictions and NO LONGER have any right to have a say on it!
As of the 31st Jan we officially left the European Union, and the 11 month transition period has begun where the government will use the next 11 months to negotiate a new relationship with the EU we have until the end of Dec 2020 to have a trade deal agreed! But nothing has gone smooth since the referendum result over 3 years ago so i would not be surprised if we keep on extending the transition period deadline!
The big changes will come after Dec 2020, IF the transition period has not been extended.
hope this helps, ask away guys!
QF
To put it in one a couple of words NOT MUCH!
The UK carries on staying in the customs union and single market, trade under the same rules. Meaning freedom of movement for people carries on and free movement of goods.
BUT! We are under EU laws and jurisdictions and NO LONGER have any right to have a say on it!
As of the 31st Jan we officially left the European Union, and the 11 month transition period has begun where the government will use the next 11 months to negotiate a new relationship with the EU we have until the end of Dec 2020 to have a trade deal agreed! But nothing has gone smooth since the referendum result over 3 years ago so i would not be surprised if we keep on extending the transition period deadline!
The big changes will come after Dec 2020, IF the transition period has not been extended.
hope this helps, ask away guys!
QF
Success!
To laugh often and much, to win the respect of intelligent people and the affection of children, to earn the appreciation of honest critics and endure the betrayal of false friends, to appreciate beauty, to find the best in others, to leave the world a bit better, to know even one life has breathed easier because you have lived.