The Withdrawal Agreement Explained

The Withdrawal Agreement Explained

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However, to a certain extent, the Withdrawal Agreement needs to be supplemented by provisions of Swedish law. This concerns citizens` rights with regard to the right of the British nationals concerned and their families to continue to travel, live and work in Sweden after their departure. The WAB transforms Boris Johnson`s withdrawal agreement, which is a draft international treaty, into British law and gives the government permission to ratify it. The EU Withdrawal Agreement itself is a legally binding document. It contains the conditions for the UK`s exit from the EU and covers more than 500 pages, including the first agreements on citizens` rights, the UK`s financial commitments to the EU and the Protocol on Northern Ireland, which sets out provisions for maintaining an open border on the island of Ireland. The Withdrawal Agreement, as definitively adopted by the European Council on 19 October 2019, was confirmed in the declaration that a political agreement has been reached and that the United Kingdom has concluded an agreement with the European Union in accordance with Article 50(2) of the Treaty on European Union. The agreement also provides for a transitional period that will last until 31 December 2020 and may be extended by mutual agreement. During the transition period, EU legislation remains applicable to the UK (including participation in the European Economic Area, the internal market and the customs union) and the UK will continue to contribute to the EU budget, but the UK will not be represented in EU decision-making bodies. The transition period will give businesses time to adjust to the new situation and the UK and EU governments to negotiate a new EU-UK trade deal. [17] [18] The Withdrawal Agreement, which covers 599 pages, covers the following main areas:[16] As regards the Irish border issue, the Agreement is accompanied by a Protocol on Northern Ireland (the “backstop”) which establishes a position of recurrence that will only enter into force if no other effective arrangement is established before the end of the transitional period. If this is the case, the UK will eclipse the EU`s external common law and Northern Ireland will remain in the internal market aspects until such a manifestation is achieved. None of the parties can unilaterally withdraw from this customs union.