UK NEWS: UK warns of post-Brexit ‘bumpy’ change despite agreement

Businesses were busy on Monday to process the details and results of the 1,240-page agreement closed by the EU and UK over the Christmas Eve.

First came Brexit trading agreement. Now comes the red tape and the nitty gritty center.

Four days after the closure of the free trade agreement with the European Union, the British government has warned traders to be prepared for the disruption and “difficult times” when the new rules will take effect on Thursday night.

Businesses were busy on Monday to process the details and results of the 1,240-page agreement closed by the EU and UK over the Christmas Eve.

EU ambassadors, who also agreed on Monday in a Brexit trade agreement with U.K.German, who holds the EU presidency, said the decision came during a pre-Christmas meeting to review the agreement.

“The green light is green,” said German spokesman Sebastian Fischer.

Authorization has been pending since all EU leaders welcomed it. It still needs approval from the EU legislature, which is expected to arrive in February. UK’s House of Commons is expected to approve it on Wednesday.

The UK left the EU about a year ago, but remained within the blog’s economic recollection during the transition that ended at midnight in Brussels – 11pm. London – December 31st.

The agreement, issued after intense nine-month negotiations, will ensure that Britain and the 27-nation bloc can continue to trade in goods without prices or rates. That should help protect 660 billion pounds ($ 894 billion) from the annual trade between the two sides, and the hundreds of thousands of jobs it depends on.

But the demise of British membership in one major market and EU cultural union will still bring new disruptions and costs to both them and businesses – from the need for tourists to travel tourism to the millions of new industry declarations firms to fill out.

“Businesses will have to make sure they are ready for the new cultural process and we as individuals will need to make sure our passports are up to date because they need at least six months before they expire in order to travel abroad,” said Michael Gove, British cabinet minister in charge of Brexit.

“I am sure there will be difficult times but we are there to try and do our best to get back on track,” he told the BBC.

The government of the British Prime Minister Boris Johnson says any temporary disruption from Brexit will be justified, as the UK will now be free to set its own rules and strike new world trade agreements.

However, a shocking preview of the potential for UK-EU trade is facing serious sanctions until this month when France briefly closes its border with Britain due to the new highly transferable variation of coronavirus passing through London and southern England. Thousands of trucks were stuck in traffic jams or parked at an unused airport near Dover’s English Channel for days and supermarkets warned that some goods, including a new product, would soon be gone.

Even after France stopped and agreed to admit truck drivers who tested positive for the virus, the backlog of 15,000 drivers now in need of testing took days to complete.

The Hardline pro-Brexit legislatures in the Johnson’s Conservative Party are reviewing the agreement to see if it meets their target for the deadline. The main opposition Labor Party says the agreement will hurt the British economy but will repay it anyway because it is better than the January 1 agreement.

Without the agreement, uncertainty hangs over huge cuts in relations between Britain and the EU. The deal covers the trading of goods, but leaves a large financial services sector in limbo, still unsure of how we could deal with the business soon after Jan. 1. The British territory of Gibraltar, which sees thousands of workers crossing daily from Spain. , is still in its infancy as it is not included in the contract.

And the Brexit agreement has angered one of the sectors the government is emphasizing that it will protect: fishing. The small economic issue but the biggest example of fishing rights was a matter of negotiation, with EU maritime nations seeking to retain access to UK water, with Britain insisting that it should control its seas.

Under the agreement, the EU will spend a quarter of its revenue on UK water, much less than the 80% it originally wanted Britain. The plan will be rolled out in 5 1/2 years, after which the ratings will be reviewed.

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