By Haley Ott Upgraded on: January 31, 2020/ 2:31 PM/ CBS News
British PM deals with new difficulty after Brexit
London— Tonight, the UK will formally leave the European Union. However what will in fact happen after?At 11:00 p.m. in London( midnight at EU head office in Brussels), a 1 year” shift duration “will officially begin– or a minimum of the 11 months left of the year. Throughout that time Britain’s financial relationship with the European Union will remain mainly the like before Brexit. However, the U.K. will no longer belong to any of the EU’s political companies or organizations (like the European Parliament).
British Prime Minister Boris Johnson has specified the year-long shift period will not be extended, however the European Commission has in fact alerted that it might be too little time to permit all the settlements that require to happen.
Trade
The U.K. and the EU have 11 months to negotiate their future trade relationship. Currently, as a member of the EU, Britain has tariff-free access to the EU custom-mades union and single market, indicating it can provide its products in Europe without limitations and its homeowners can live and work in any EU country without visas, and visa versa. That plan will end when the shift duration does.
The U.K. desires as unconfined gain access to as possible to EU market, long its greatest trading partner, nevertheless does not wish to comply with EU guidelines to get that. The EU, on the other hand, wants the UK to stay with its requirements if it wishes to keep anything near tariff-free gain access to. If a brand-new strategy can’t be exercised prior to the transition duration ends, tariffs may come into result and trade in between Britain and Europe could be considerably impacted.At the minute
the U.K. leaves the EU, it will have the ability to work out free trade offers by itself behalf with other nations worldwide, consisting of the United States. Whatever plans are made will not enter into result, nevertheless, until conclusion of the shift duration in 2020.
Justice and security
Though the U.K. will no longer come from EU political firms or organizations, it will continue to follow EU guidelines throughout the transition duration, and will also still need to abide by the judgments of the European Court of Justice for those 11 months.Data sharing
, cops and other security strategies in between the U.K. and the EU will all require to be worked out during the shift period. To what degree Britain and the EU continue to comply and share resources will be a major centerpiece of the negotiations.Other concerns that Britain
and the European Union will need to deal with prior to the end of 2020 consist of the policy of medicines, air travel security and requirements, and access to fishing waters, which continues to be a controversial point.The Irish border Among the most questionable
issues during the years of settlement between the U.K. and Europe to reach a divorce offer was what to do about the border in between Ireland and Northern Ireland. The 1999 Great Friday Agreement, which ended years of sectarian violence in the area, likewise totally opened the border in between the Republic of Ireland( part of the EU) and Northern Ireland( part of the UK). In order to avoid a go back to security and customizeds checks
on that border-which may risk reigniting spiritual stress, Northern Ireland will continue to follow EU standards on manufactured products and farming at the end of the shift duration. The British area will effectively stay within the EU single market for products. For this reason forth, to avoid customizeds checks at the land border, products will be
screened before they leave mainland Britain on their technique to the island that consists of both Ireland and Northern Ireland.Four years after the transition period ends, Northern Ireland’s governing assembly will have a possibility to vote on whether to preserve the strategy. If they vote it down, there will be a 2 year duration to come up with another strategy to prevent producing a “difficult” Irish land border.Coins and colors One thing that will happen quickly after Brexit is the color of recently provided British passports will return to heaven that was initially
used in 1921. Like a lot of other EU nations, British passports have actually been burgundy for decades. The new blue ones will be phased in slowly, and the burgundy ones will stay valid up until they expire.New 50 cents coins will be taken into circulation beginning Friday in the U.K. They will be dated January 31 to honor Brexit, and inscribed with the motto:” Peace
, success and friendship with all countries.” Extremely first published on January 31, 2020/ 7:59 AM © 2020 CBS Interactive Inc. All Rights Scheduled. Haley Ott Haley Ott is the digital reporter/producer at CBS News in London. Source