{"id":53288,"date":"2019-10-21T19:00:14","date_gmt":"2019-10-21T13:30:14","guid":{"rendered":"https:\/\/blogadmin.forumias.com\/?p=53288"},"modified":"2019-10-21T16:20:32","modified_gmt":"2019-10-21T10:50:32","slug":"7-pm-its-a-deal-on-brexit-21st-october-2019","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/7-pm-its-a-deal-on-brexit-21st-october-2019\/","title":{"rendered":"7 PM | It\u2019s a deal: On Brexit | 21st October, 2019"},"content":{"rendered":"\n<p><strong>Context:\n<\/strong>Boris Johnson&#8217;s new\nBrexit deal.<\/p>\n\n\n\n<p><strong>More\nin news: <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The UK is due to leave the European Union\n(EU) on 31 October 2019.&nbsp;<\/li><li>Prime Minister Boris Johnson sent an\nunsigned letter to the European Union requesting a delay to Britain&#8217;s exit from\nthe bloc.<\/li><li>Labour and the Liberal Democrats have\ndemanded that the deal be put to a confirmatory referendum. <\/li><\/ul>\n\n\n\n<p><strong>BREXIT:\n<\/strong>\u2018Brexit\n&#8211; British exit\u2019 &#8211; refers to the UK leaving the EU.<\/p>\n\n\n\n<p><strong>European\nUnion:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The EU is an economic and political union involving\n28 European countries. <\/li><li>It allows free trade and free movement of\npeople to live and work in whichever country they choose.<\/li><li>The UK joined in 1973 (when it was known\nas the European Economic Community). <\/li><li>If the UK leaves, it would be the first\nmember state to withdraw from the EU.<\/li><\/ul>\n\n\n\n<p><strong>Why\nis the UK leaving?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A public vote &#8211; or referendum &#8211; was held\nin June 2016, to decide whether the UK should leave or remain.<\/li><li>Leave won by 52% to 48%. <\/li><\/ul>\n\n\n\n<p><strong>Why\nhasn&#8217;t Brexit happened yet?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Brexit was originally due to happen on 29\nMarch 2019. That was two years after then Prime Minister Theresa May triggered\nArticle 50, the formal process to leave and kicked off negotiations. But the\nBrexit date has been delayed twice.<\/li><li>A deal was agreed in November 2018, but\nMPs rejected it three times.<\/li><\/ul>\n\n\n\n<p><strong>Why\ndid Parliament reject Theresa May&#8217;s Brexit deal?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The main sticking point for many\nConservative MPs and the Democratic Unionist Party (DUP) (the government&#8217;s ally\nin Parliament) was the \u2018backstop\u2019.<\/li><li>Backstop was designed to ensure there\nwould be no border posts or barriers between Northern Ireland and the Republic\nof Ireland after Brexit.<\/li><li>If it had been needed, the backstop would\nhave kept the UK in a close trading relationship with the EU and avoided checks\naltogether.<\/li><li>But many MPs were critical. They said if\nthe backstop was used, the UK could be trapped in it for years. This would\nleave the UK stuck in the EU&#8217;s customs union, preventing the country from\nstriking trade deals with other countries.<\/li><li>Their opposition eventually led to Theresa\nMay&#8217;s resignation. Boris Johnson took over as PM in July 2019.<\/li><li>On 17 October, Mr Johnson announced that a\nrevised deal had been agreed between the UK and the EU.<\/li><\/ul>\n\n\n\n<p><strong>What\nis the new Brexit deal?<\/strong><\/p>\n\n\n\n<p>The new deal has\nthe following changes:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Customs:<\/strong><ul><li>The new deal replaces the backstop with new customs arrangements.<\/li><li>The whole of the UK will leave the EU customs union. This means the UK will be able to strike trade deals with other countries in the future.<\/li><li>There will be a legal customs border between Northern Ireland and the Republic of Ireland (which stays in the EU).\u00a0<\/li><\/ul><\/li><li><strong>Regulations on goods:<\/strong><ul><li>When it comes to the regulation of goods, Northern Ireland would keep to the rules of the EU&#8217;s single market, rather than UK rules.<\/li><li>That removes the need for product standard and safety checks on goods at the border between Ireland and Northern Ireland, because both will be part of an &#8220;all-island regulatory zone&#8221;.<\/li><\/ul><\/li><li><strong>Enforcing the rules:<\/strong><ul><li>This will be done by UK officials at &#8220;points of entry into&#8221; Northern Ireland, but the EU will have the right to have its own officials present.<\/li><li>It seems those EU officials may be able to overrule UK officials.\u00a0<\/li><\/ul><\/li><li><strong>Northern Ireland&#8217;s say:<\/strong><ul><li>Because Northern Ireland will be set apart from the rest of the UK when it comes to customs and other EU rules, the deal gives its Assembly a vote on these provisions.<\/li><li>But this vote would not happen until four years after the end of the transition period that is due to run until the end of 2020 &#8211; so no earlier than January 2025.<\/li><\/ul><\/li><li><strong>VAT: <\/strong>The new agreement says that\u00a0EU law on value added tax will apply in Northern Ireland, but only on goods, not services.<\/li><\/ul>\n\n\n\n<p><strong>Some\nthings have not changed: <\/strong>Much of Theresa May&#8217;s original Brexit deal\nwill remain as part of the overall agreement. Some of the key areas are:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Transition:<\/strong><ul><li>The transition &#8211; a period of time during which all of the current rules stay the same allowing the UK and the EU to negotiate their future relationship &#8211; is due to last until the end of December 2020.<\/li><li>The transition can be extended, but only for a period of one or two years.<\/li><\/ul><\/li><li><strong>Citizens&#8217; rights:<\/strong><ul><li>UK citizens in the EU, and EU citizens in the UK, will retain their residency and social security rights after Brexit.<\/li><li>Freedom of movement rules will continue to apply during transition. This means that UK nationals will be able to live and work in EU countries (and EU nationals will be able to live and work in UK) during this period.<\/li><\/ul><\/li><li><strong>Money:<\/strong><ul><li>The UK will have to settle its financial obligations to the EU.<\/li><li>There is no precise figure but the biggest part of this &#8220;divorce bill&#8221; will be the UK contributions to the 2019 and 2020 EU budgets.<\/li><\/ul><\/li><li><strong>Future UK\/EU relationship:<\/strong><ul><li>This is addressed in the political declaration.\u00a0This text, which is not legally binding, has also been revised by UK\/EU negotiators.<\/li><li>It says that both sides will work towards a Free Trade Agreement (FTA) and a high-level meeting will be convened in June 2020 to take stock of progress towards this goal.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>What\nis a no-deal Brexit?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In a no-deal scenario, the UK would\nimmediately leave the European Union (EU) with no agreement about the\n&#8220;divorce&#8221; process.<\/li><li>Overnight, the UK would leave the single\nmarket and customs union &#8211; arrangements designed to help trade between EU\nmembers by eliminating checks and tariffs (taxes on imports).<\/li><li>No deal also means immediately leaving EU\ninstitutions such as the European Court of Justice and Europol, its law\nenforcement body.<\/li><li>Membership of dozens of EU bodies that\ngovern rules on everything from medicines to trade marks would end.<\/li><li>And the UK would no longer contribute to\nthe EU budget &#8211; currently about \u00a39bn a year.<\/li><li>Under both former Prime Minister Theresa\nMay&#8217;s deal and successor Boris Johnson&#8217;s deal there would be a transition\nperiod until the end of 2020.<\/li><li>This is to provide some breathing space,\nmaintaining much of the status quo, while the two sides try to negotiate a\ntrade deal.<\/li><li>If there is no extension then either the\ndeal with the implementing legislation must be passed, or there would be a\nno-deal Brexit on 31 October. The only other option would be to revoke Brexit.<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/opinion\/editorial\/its-a-deal\/article29752732.ece\">https:\/\/www.thehindu.com\/opinion\/editorial\/its-a-deal\/article29752732.ece<\/a><strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context: Boris Johnson&#8217;s new Brexit deal. More in news: The UK is due to leave the European Union (EU) on 31 October 2019.&nbsp; Prime Minister Boris Johnson sent an unsigned letter to the European Union requesting a delay to Britain&#8217;s exit from the bloc. Labour and the Liberal Democrats have demanded that the deal be&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/7-pm-its-a-deal-on-brexit-21st-october-2019\/\">Continue reading <span class=\"screen-reader-text\">7 PM | It\u2019s a deal: On Brexit | 21st October, 2019<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":49370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[130,9],"tags":[],"class_list":["post-53288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-7-pm","category-public","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2019\/07\/7-PM.png?fit=1000%2C500&ssl=1","views":{"total":0,"cached_at":"","cached_date":1704766201},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/53288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=53288"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/53288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/49370"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=53288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=53288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=53288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}