UK and EU Agree on Brexit Deal, Pending Parliamentary Ratification

Posted by Kelsay Calvaruso on 10/18/19 5:00 PM

On October 17, 2019, the United Kingdom (UK) and the European Union (EU) came to an agreement on Brexit.  Included in the agreement are the following:

  • Northern Ireland will stay aligned with the EU’s Single Market rules and will operate as part of the EU customs zone while formally remaining part of the UK;
  • Customs duties will not be assessed on goods moving from the UK to Northern Ireland unless they will be moving to Ireland and thus entering the EU;
  • The future relationship between the UK and the EU will be modeled around a Free Trade Agreement, with a goal of no tariffs or quotas between the two parties.

The agreement is pending ratification by UK’s Parliament in a vote on Saturday, October 19, 2019.  Under the UK’s “Benn Act,” if Parliament does not ratify the agreement on Saturday, they are required to either request a 3 month extension with the EU to come to a deal or agree to proceed with a no deal Brexit.

The text of the agreement can be found here:

The text of the “Benn Act” can be found here:

The Political Declaration Setting out the Framework for the Future Relationship Between the European Union and the United Kingdom can be found here:

The EU’s frequently asked questions page on Brexit can be found here:

Topics: EU, UK, Brexit, European Union

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