Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
'Taken control of our destiny', says Boris Johnson after UK, EU sign historic post-Brexit trade deal after months
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • World
  • 'Taken control of our destiny', says Boris Johnson after UK, EU sign historic post-Brexit trade deal after months

'Taken control of our destiny', says Boris Johnson after UK, EU sign historic post-Brexit trade deal after months

The Associated Press • December 25, 2020, 00:26:59 IST
Whatsapp Facebook Twitter

The deal ensures the two sides can continue to trade in goods without tariffs or quotas. But key aspects of the future relationship between the 27-nation bloc and its former member remain uncertain

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
'Taken control of our destiny', says Boris Johnson after UK, EU sign historic post-Brexit trade deal after months

After months of talks and at almost the last minute, Britain and the European Union struck a provisional free-trade agreement Thursday that should avert New Year chaos for cross-border traders and bring a measure of certainty for businesses after years of Brexit turmoil. With just over a week until the UK’s final split from the EU, the British government said the “deal is done.” It said the deal was “the first free trade agreement based on zero tariffs and zero quotas that has ever been achieved with the EU.” EU officials also confirmed an agreement had been reached. “So we have finally found an agreement. It was a long and winding road but we have got a good deal to show for it," European Commission president Ursula von der Leyen said. “It is fair, it is a balanced deal and it is the right and responsible thing to do for both sides.” “We have taken back control of our laws and our destiny,” declared British prime minister Boris Johnson, who posted a picture of himself on social media, beaming with thumbs up. The deal ensures the two sides can continue to trade in goods without tariffs or quotas. But despite the breakthrough, key aspects of the future relationship between the 27-nation bloc and its former member remain uncertain. The British and European parliaments both must hold votes on the agreement, though the latter may not happen until after the UK leaves the EU’s economic embrace on 1 January. Months of tense and often testy negotiations gradually whittled differences between the two sides down to three key issues: fair-competition rules, mechanisms for resolving future disputes and fishing rights. The rights of EU boats to trawl in British waters remained the last obstacle before it was resolved. However, key aspects of the future relationship between the 27-nation bloc and its former member remain unresolved. Johnson had insisted the UK would “prosper mightily” even if no deal were reached and the UK had to trade with the EU on World Trade Organisation terms. But his government has acknowledged that a chaotic exit was likely to bring gridlock at Britain’s ports, temporary shortages of some goods and price increases for staple foods. The EU has long feared that Britain would undercut the bloc’s social, environmental and state aid rules after Brexit, becoming a low-regulation rival on the bloc’s doorstep. Britain denies planning to institute weaker standards but said that having to continue following EU regulations would undermine its sovereignty. A compromise was eventually reached on the tricky “level playing field” issues. The economically minor but hugely symbolic issue of fish came to be the final sticking point, with maritime EU nations seeking to retain access to UK waters where they have long fished and Britain insisting it must exercise control as an “independent coastal state,” Huge gaps over fishing were gradually closed over weeks of intense negotiations in Brussels, even as Johnson continued to insist that a no-deal exit was a likely and satisfactory outcome to the nine months of talks on the future relationship between the EU and its ex-member nation. It has been 4 1/2 years since Britons voted 52 percent -48 percent to leave the EU and — in the words of the Brexiteers’ campaign slogan — “take back control” of the UK’s borders and laws. It took more than three years of wrangling before Britain left the bloc’s political structures on 31 January. Disentangling economies that were closely entwined as part of the EU’s single market for goods and services took even longer. The UK has remained part of the single market and customs union during an 11-month post-Brexit transition period. As a result, many people so far will have noticed little impact from Brexit. On 1 January, the breakup will start feeling real. The new year will bring huge changes, even with a trade deal. No longer will goods and people be able to move freely between the UK and its continental neighbors without border restrictions. EU nationals will no longer be able to live and work in Britain without visas,  though that does not apply to the more than 3 million already doing so, and Britons can no longer automatically work or retire in EU nations. Exporters and importers face customs declarations, goods checks and other obstacles. The UK-EU border is already reeling from new restrictions placed on travelers from Britain into France and other European countries due to a new coronavirus variant sweeping through London and southern England. Thousands of trucks were stuck in traffic jams near Dover on Wednesday, waiting for their drivers to get virus tests so they could enter the Eurotunnel to France. British supermarkets say the backlog will take days to clear and there could be shortages of some fresh produce over the holiday season. Despite the deal, there are still unanswered questions about huge areas, including security cooperation between the UK and the bloc and access to the EU market for Britain’s huge financial services sector.

Tags
NewsTracker European Union EU Britain United Kingdom UK Brexit Prime Minister Boris Johnson
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

French MPs call for social media ban for under-15s, digital curfew for teenagers

French MPs call for social media ban for under-15s, digital curfew for teenagers

A French committee suggests banning social media for kids under 15 and a nighttime digital curfew for teens 15-18. The report cites concerns about TikTok's effects on minors. President Macron backs the ban, akin to Australia's proposed law.

More Impact Shorts

Top Stories

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Trump-Zelenskyy meeting
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV