On 23 January 2020, the UK Parliament approved the draft European Union (Withdrawal Agreement) Act 2020. Following the signing of the Agreement, the Government of the United Kingdom issued and deposited the instrument of ratification of Great Britain on 29 January 2020.   The agreement was ratified by the Council of the European Union on 30 January 2020, after consent of the European Parliament on 29 January 2020. The withdrawal of the United Kingdom from the Union entered into force on 31 January 2020 at 11 p.m GMT, the date on which the Withdrawal Agreement entered into force in accordance with Article 185. The new Political Declaration sets the framework for the future relationship between the European Union and the United Kingdom and reflects the government`s willingness to conclude an ambitious, broad, deep and flexible partnership on trade and economic cooperation with the EU, with a focus on a free trade agreement with the EU, in addition to security agreements and other areas of cooperation. The Withdrawal Agreement between the European Union and the United Kingdom sets out the conditions for the orderly withdrawal of the United Kingdom from the European Union, in accordance with Article 50 of the Treaty on European Union. Negotiations are ongoing and the UK is working to reach an agreement before 15 October 2020. 1.Am October 19, 2020. On 1 October 2019, the Government presented to Parliament revised texts of the “Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community”1 (hereinafter referred to as the Withdrawal Agreement or Agreement) and the “Political Declaration establishing the framework for the future relationship between the European Union and the United Kingdom”, 2 earlier versions of both documents The agreement also provides for a transitional period which expires on 31 December 2020 and can be extended by mutual agreement. During the transition period, EU legislation remains applicable to the UK (including participation in the European Economic Area, the internal market and the customs union) and the UK will continue to contribute to the EU budget, but the UK will not be represented in EU decision-making bodies.
The transition period will give businesses time to adjust to the new situation and the UK and EU governments to negotiate a new EU-UK trade deal.   As regards the Irish border issue, the agreement is accompanied by a protocol on Northern Ireland (the “backstop”) which establishes a position of recurrence which will only enter into force in the absence of effective alternative measures before the end of the transitional period. If this is the case, the UK will eclipse the EU`s external common law and Northern Ireland will remain in the internal market aspects until such a manifestation is achieved. . . .