'Brexit deal done' shares Boris Johnson as UK, EU reach agreement after months of deadlock

In a major relief for United Kingdom (UK), British Prime Minister Boris Johnson anunced on Thursday, that Brexit deal has been finalised between Britain and European Union. deal which will come in effect on January 1, 2021 after months of talks between Brussels and London. Johnson is set to anunce countours of deal shortly. deal marks end of Brexit saga which began with 2016 referendum with UK voting to leave European Union. 

Brexit deal finalised

Boris Johnson Press Conference

Detailing contours of Brexit deal, UK Prime Minister Boris Johnson said, "We have completeda a $ 660 billion/year  deal with EU. We have taken taken back control of tre - laws will be me by British Parliament, interpreted by our courts. Jurisdiction of European Court of Justice will come to an end. Our goods will be sold without tariffs. From January 1, we will set new frame work which will initiate new jobs".

He ded, "For first time since 1973, we will be an independent costal state with full control of our waters. We have taken back control of our waters with percent increasing from 1/2 to 2/3rd control of fish in our waters in 5 years. re will be more limits after that." Johson has stated that UK has t "completed biggest tre deal yet", ding fishing communities will be helped with £100m to modernise ir fleets, as per BBC.

Assuring European Union, he said," We are your stongest allies, friends and your biggest market. We will be always connected to you - culturally, geographically and historically to your 4 million EU nationals, inspite of leaving EU. It is upon us to realise immensity of this moment as a newly independent nation and us this oppurtunity to better our nation". He also anunced that Britain will be able to 'freely decide' on social, environmental and state aid rules to gain an edge with its exports to EU.

EU prez: 'Fair deal for both sides'

dressing a press conference, European Commission President Ursula von der Leyen said, "This was a long and winding ro but we have got a good deal to show for it. It is fair, it is a balanced deal, and it is right and responsible thing to do for both sides." According to BBC, Downing street said, "We have got Brexit done and we can w take full vant of fantastic opportunities available to us".

Expressing her happiness on finalisation, ex-UK PM resa May said she was looking forward to see details of deal between EU and UK in coming days. Similarly, ex-PM David Cameron said it was 'good to end a difficult year with some positive news'.

What is 'Brexit' deal?

As per reports, 2000-p Brexit deal has let UK - left EU on January 31, 2020 to transition out of   bloc's single market and customs union on January 1, 2021.  While tre deal will avert imposition of tariffs and duties that could cost both sides billions, Britain will still face customs checks and some or barriers on Jan 1. Johnson has always insisted U.K. will “prosper mightily” outside EU.

ecomically mir but hugely symbolic issue of fish came to be final sticking point, with maritime EU nations seeking to retain access to U.K. waters where y have long fished, and Britain insisting it must exercise control as an “independent coastal state,” as per APTV. Johnson's large majority in Parliament should ensure agreement passes, but any compromises will be criticized by hard-line Brexit supporters in his Conservative Party. party's euroskeptic European Research Group said it would carefully scrutinize any deal “to ensure that its provisions genuinely protect sovereignty of United Kingdom after we exit transition period at end of this year.” Brexit was triggered on 23 June 2016, when 52% of UK voters voted to leave European Union in referendum held by n-PM David Cameron's government.