The UK and EU agreed terms for transition period
The UK and EU agreed terms for transition period, which will lead to the UK leaving EU. Negotiation over Brexit continued on Monday, 19th of March 2018 in Brussels. Negotiators Michel Barnier and David Davis described this round of talks as a "decisive step" in the Brexit process. It was confirmed that the transitional period will start on the 29th March 2019 and will last till the 31st of December 2020. EU citizens arriving in the UK during this time will have the same rights as those who arrive before Brexit. The same rules will apply to UK citizens residing in EU. The UK will be able to negotiate, sign and ratify its own trade deals during the transition period and will still be party to existing EU trade deals with other countries. Among other key points that were agreed during these talks is that Britain will allow EU vessels continued access to its fisheries during the transition period. Northern Ireland would stay in regulatory alignment in the absence of other solutions to avoid a hard border with the Republic of Ireland
Posted on Mar 19, 2018.