The British authorities and the European Union handled to agree on a Brexit deal after months of tense negotiations. Sky TV correspondent Joe Pike revealed this on his Twitter.
“IMMEDIATE NEWS: 10 Downing Street source stated: “Deal reached,” he wrote. The journalist added that another of his sources said negotiations were still ongoing.Britain formally left the European Union on Feb. 1. Up until completion of 2020, the parties settled on a transition duration, during which the UK will continue to operate most EU laws: including trade guidelines. Before completion of the shift duration, Brussels and London were supposed to agree on the format of the future relationship and conclude a brand-new trade agreement.However, settlements have actually consistently stalled. The British federal government even stated that it
was prepared for Brexit without a deal with Brussels. If the parties fail to reach a contract by the end of December, Britain will stop to be part of the typical European market, causing the intro of customs borders in between the nation and the EU. Source