Withdrawal Agreement Text Brexit

Immediately after the announcement of a revised withdrawal agreement on 17 October 2019, Labour, the Liberal Democrats and the DUP declared that they could not support the new agreement. [30] With regard to the Irish border issue, the agreement is accompanied by a Northern Ireland Protocol (the “backstop”) establishing a fallback position that will only enter into force if no other effective arrangement is demonstrated before the end of the transition period. If this happens, the UK will eclipse the EU`s common external tariff and Northern Ireland will remain in some aspects of the single market until such a demonstration is achieved. None of the parties can unilaterally withdraw from this customs union. After the entry into force of the WAB, the Withdrawal Agreement must also be ratified by the European Parliament. The Declaration on the Future Relationship between the European Union and the United Kingdom, also known as the Political Declaration, is a non-binding declaration negotiated and signed at the same time as the binding and broader Withdrawal Agreement in the context of the Withdrawal of the United Kingdom from the European Union (EU), colloquially known as Brexit, and the expected end of the transition period. .

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