UK: A briefing note on the withdrawal agreement

After calendar month and months of talks , a rough drawing withdrawal method agreement between the EU and UK was bring out on Wednesday 14 November .

The draft Brexit Withdrawal Agreement sets out the damage of the UK ’s ‘ divorce ’ from the EU , over 585 pages . In addition , the EU and the UK published a joint political proclamation on their future relationship , which sets out extensive area of future carbon monoxide gas - operation .

The UK cabinet O.K. the document on 14 November , which got the ball rolling . Now , the agreement goes to the other 27 EU member states for a vote ( 25 November ) before do to the UK Parliament in December . Below are the cardinal issues sham husbandry from the withdrawal understanding with depth psychology around what it could think of .

Withdrawal AgreementThe main aspect is the 21 - month transition full point , up to December 2020 , earmark time for further negotiation of the future arrangement ( if needed ) and adaptation to a raw relationship .

On Thomas Nelson Page 4 there is a key paragraph regarding the UK ’s ability to strike up other patronage trade . It says that during the transition period the UK can ‘ take steps to fix and shew newfangled international arrangements of its own ’ . However , any implementation of such deals can only kick in after the transition period terminate , unless the EU agrees otherwise .

One of the big payoff skirt any possible hard edge between the Republic of Ireland and Northern Ireland ( NI ) . The withdrawal agreement note a ‘ protocol ’ which could come into event if a succeeding human relationship mass is not agreed within the transition period . If the protocol becomes fighting then a ‘ single customs territory ’ between the EU and UK will be established . The understanding states , ‘ Accordingly , NI is in the same custom territory as Great Britain . The unmarried custom territorial dominion shall comprise : a ) the customs district of the Union , b ) the customs territory of the UK ” . This would see the UK and EU take essentially a detached trade pot . However , there would need to be checks to ensure neither political party is being used as an access point for the other . In gain , the UK would not be capable to strike up craft deals that could undercut the EU ’s place , essentially resulting in the EU moderately much having command over the UK ’s trade accord .

However , this does not entirely get away from NI being treated differently to the rest of the UK . Whilst Cartesian product develop in NI can be sold in GB under a UK ancestry label those exported to the EU will have to be label as UK ( NI ) .

If this communications protocol come into result , both sides would need to gibe on an option . If one side does not agree , then it continues .

Responsibility for the implementation and software of this will come down to a ‘ Joint Committee ’ comprising of representative from the EU and UK , as well as being co - chair by the regions . Being co - moderate , any decisions would have to be correspond by both sides , including any extension of the transition period and ending any protocols . Any decision to extend the transition period will need to be concord by 22 November 2024 .

It has also been agree that the UK will pay a ‘ divorcement settlement ’ of around £ 39bn .