The UK and the EU have agreed on a post-Brexit trade deal, a week before the end of the Brexit transition period.

Iran Press/Europe: A historic deal on the UK’s future trading and security relationship with the European Union has been struck on Christmas Eve, a week before the end of the Brexit transition period.

As the country leaves the single market and customs union on 31 December, new arrangements allowing for tariff-free trade in goods and close police and judicial cooperation will come into force, The Guardian reported.

The announcement followed a final call between Boris Johnson in Downing Street and the European commission president, Ursula von der Leyen, in her Berlaymont headquarters in Brussels – at least the fifth such telephone conversation over the last 24 hours.

The trade agreement – running to 2,000 pages – is unprecedented in scope, containing provisions on subjects varying from civil nuclear cooperation and energy interconnections to fishing and aviation.

The prime minister told his cabinet late on Wednesday night that it respected the sovereignty of both sides, as he urged senior figures to help him sell it.

The UK left the EU on 31 January but has benefited from continued membership of the single market and customs union over the last year, with British citizens retaining the right to freedom of movement around the bloc.

The end of the transition period will bring widespread changes for British businesses and citizens, as a new chapter in the country’s relationship with its neighbors begins.

Businesses will face extra paperwork and costs when trading with the UK’s biggest export market. Freedom of movement for most UK nationals will end, with restrictions imposed on stays in EU member states. As a “third country” to the EU, coronavirus travel restrictions could be imposed on UK nationals as of 1 January.


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