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Withdrawal Agreement Brexit October 2019

The revised Withdrawal Agreement and the Political Declaration were discussed and approved at the European Council on 17 October 2019. The United Kingdom and the European Union reached an agreement at the European Council on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union. The revised Withdrawal Agreement and the Political Declaration were discussed and approved at the European Council on 17 October 2019. Whether or when the agreement will finally be ratified depends on the organisation of the political events of November and December 2019. The Brexit Withdrawal Agreement, officially titled „Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community“[3][4], was concluded on 24 March. January 2020 signed a Treaty between the European Union (EU), Euratom and the United Kingdom (UK)[5], which sets out the conditions for the UK`s withdrawal from the EU and Euratom. The text of the treaty was published on 17 October 2019[6] and is a renegotiated version of an agreement published six months earlier. The previous version of the Withdrawal Agreement was rejected three times by the House of Commons, leading Queen Elizabeth II to accept Theresa May`s resignation as Prime Minister of the United Kingdom and to appoint Boris Johnson as the new Prime Minister on 24 July 2019. The political declaration provides that the UK will be granted adequacy status before the end of the transition period until December 2020 and confirms that the European Commission will start the adequacy assessment as soon as possible after the UK`s withdrawal Despite these assurances and other EU legal guarantees, the House of Commons rejected the agreed compromise package three times (on 15 January, March 12 and March 29, 2019). In this scenario, however, there would be a much steeper cliff for merchandise trade between the rest of the UK and the EU. There would also be new barriers to trade for goods moving from Britain to Northern Ireland. Indeed, without a trade agreement, the UK would revert to the WTO`s trade terms with the EU, as this protocol does not contain any substantive arrangements for trade in goods between the EU and the UK, with the exception of Northern Ireland. .