New Brexit legislation won’t ‘tear up’ EU commerce plans

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New Brexit legislation won’t ‘tear up’ EU commerce plans

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EU and UK flagsPicture copyright
Reuters

The federal government will introduce a brand new legislation that might change post-Brexit customs plans with the EU – however No 10 denied it could “tear up” the prevailing treaty.

The 2 sides agreed in 2019 on the phrases of the UK’s exit, together with on future commerce in Northern Eire.

Studies prompt a brand new legislation may “override” the authorized power of that deal – the withdrawal settlement.

However Downing Road mentioned it could solely make “minor clarifications in extraordinarily particular areas”.

The information comes initially of one other week of negotiations on a future commerce deal between the UK and the EU.

The so-called transition interval – which has been in place for the reason that UK left the EU in January – will finish on 31 December and the 2 sides try to safe an settlement to take its place.

However Boris Johnson mentioned if a deal was not reached by 15 October, either side ought to “transfer on” – that means the UK would go on to commerce with the bloc on worldwide buying and selling phrases.



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