Published 12:52 IST, December 26th 2020
Donald Trump administration says US ready to build stronger post-Brexit ties with UK, EU
Donald Trump admin has congratulated Britain and the European Union for reaching a trade agreement before the end of the transition phase on December 31.
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United States has congratulated Britain and European Union for reaching a tre agreement before end of transition phase on December 31. White House National Security Council congratulated both UK and EU for concluding historic Brexit deal and said that it "stands rey" to work with all and build stronger transatlantic ties. Britain and EU anunced reaching a tre agreement on eve of Christmas after months of negotiations between London and Brussels.
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Both sides agreed on a Brexit tre deal on December 24, just a week before United Kingdom was scheduled to leave European Union fully. Britain h officially exited 28-nation bloc on January 31, 2020, following which it moved into a transition phase to negotiate a tre agreement with EU. Britain will become free from liability of bloc starting January 1, 2021, onwards, meaning it will longer have to comply with EU rules.
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Brexit deal
deal between UK and EU will allow free movement of goods produced by Britain and union. This is also “first time” that 27-nation-bloc has agreed to a ‘zero tariffs zero quota deal’ with any or tring partner. Brexit deal also includes provisions to support tre in services providing UK with service suppliers with legal guarantees that will t face any disruptions to tre while selling into union along with supporting British professionals who will continue ir business across Europe.
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agreement between UK and EU was being blocked on three key issues, including fishing rights, governance, and level-playing fields. Fishing rights remained a thorn till end as Britain was t willing to allow European fishing fleet in its waters. As per reports, UK and EU have compromised on fisheries issue with bloc agreeing to drop its share of catch in English waters by 25 percent over a period of five and a half years. British parliament is expected to vote on deal on December 30, while EU will reportedly approve it for time being and will vote on it next year because of less time for scrutiny.
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12:52 IST, December 26th 2020